July 3, 2019 Recent changes to the Income Tax Act over the past year now permit individuals at least 65 years of age to develop Alter Ego Trusts and Joint Spousal Trusts. For some, this may be an attractive estate planning vehicle and can serve as an alternative to a Will. Similar to an Alter […]
June 28, 2019 I’d like to discuss the interrelationship between the estate planning tool of a “trust” and the Disability Benefits Program Act (“DBA”). For those disabled individuals having an entitlement to such benefits under the DBA, a trust may be the most effective legal tool available to enable such individuals’ to continue receiving such […]
March 19, 2019 Supreme Court of Canada considers Henson Trusts in S.A. v. Metro Vancouver Housing Corp. Canada’s top court reviews the concept of Henson Trusts for the first time in a case involving a B.C. woman with disabilities. What are Henson (discretionary) Trusts? Henson Trusts are a common way for people to plan […]
With another year having just past, it is a time for many, to reflect on our past year’s achievements and happy memories, for others, and you know who you are, the new year represents an opportunity to set new goals, and dare I say, embark on the dreaded New Years Resolution! Losing that extra 10lbs, […]
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