Information About Estate Law Canada
Recent Posts
Below is a preview of the five most recent posts from the blog Estate Law Canada. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- Trying to derail an estate by sheer stubbornness doesn't get you what you want but does make you a pain in the ass
This scenario with questions was posted recently by a reader. I decided to answer it in the form of a new post partly because there are a few separate issues to address. But the main reason I thought it would be interesting for other readers is that the situation involves people who don’t like the w … Read more »
- There are plenty of ways to reduce estate taxes and troubles if you plan ahead
A recent article in the Financial Post offered numerous tips for minimizing tax as you pass your assets on to your children (or whoever you want to pass them to). Click here to read the article. Something that all of the ideas have in common is that they involve planning. For many people, making a w … Read more »
- Executor's pay: where emotion and greed meet money and opportunity
Lately I seem to have a lot of files in which beneficiaries are disputing the amount of remuneration claimed by the executors. There are a few reasons for the disputes, of course, but the main one seems to be an executor claiming the maximum amount of pay when the beneficiaries do not believe the ex … Read more »
- Handwritten note found not to be valid, makes a difference of $1.4 million
After Eleena Violette Murray died in 2017, a note was found in her home that seemed to change the amounts given to beneficiaries in her will. The note made a difference: without the note, the SPCA would receive $1.4million, and if the note were valid, the SPCA would receive $100,000, with the rest o … Read more »
- Why can't Scholastic CEO leave his estate to his friend and not his sons?
In June 2021, the sudden death of Richard Robinson caused a shock to his two adult sons. The reason for the shock is that Mr. Robinson was the CEO of Scholastic Publishing and he left his entire share of the company to his friend and co-worker, Lole Lucchese. His share is worth $1.2 billion, as the … Read more »