There’s no escaping taxes when settling an Estate. An executor/trustee is responsible for filing tax returns for both the deceased and the Estate itself. Here is a preliminary list of tax activities to consider throughout the settlement process... 04 Dec

Estate Settlement and Taxes: What You Need to Know

James Gandolfini’s estate planning missteps cost $30M. The oversight in Gandolfini’s plan serves as a reminder of the risks involved in relying solely on a will— no matter how straightforward the intent. 20 Sep

Estate Planning Lessons from James Gandolfini’s $70 Million Estate

If you’re a business owner, your company is likely your most valuable asset. To ensure it survives after you’re gone, you first need a succession plan that will provide a smooth transition of the business. In addition, you need an estate plan that effectively addresses the tax impact of transferring your ownership interests to the next generation. 03 Sep

Business Succession & Estate Planning Should Be Inseparable

Ontario Superior Court Removes Estate Executor to Resolve Deadlock | Property Pitfalls | Family Disputes | Case Ruling | Estates Gone Wrong 03 Sep

Ontario Superior Court Removes Estate Executor to Resolve Deadlock

Life Insurance can be used as an extremely useful estate-planning tool that can go far beyond keeping your family financially secure. It can help maximize your estate’s value and ensure that your will is distributed fairly, all while funding your estate’s tax liabilities. 15 May

Estate Preservation Strategies: The Tax Benefits of Life Insurance

Owning and ultimately gifting art and collectibles brings unique challenges to its current owners and potential inheritors. Consulting with estate planning professionals, who specialize in these non-traditional assets, is very important. 19 Apr

Art & Collectibles: Unique Challenges for Owners and Inheritors

When combined with the nuances of deemed disposition, estate planning can quickly become complex. Personalized advice is invaluable for devising a strategy to maximize your wealth transfer to the people and causes you love. 15 Feb

Deemed Disposition at Death: Top Questions Answered

Even Canadians who don’t consider themselves snowbirds may own property south of the border or have other U.S. based assets that could impact their planning. 02 Jan

Snowbirds: Is Your Cross-border Property in Your Estate Plan?

Often you hear that you should review your will or trust to make sure it keeps up with changes in your life and still meets your needs. The tragic death of Philip Seymour Hoffman, whose will became public due to the probate proceeding, brought some of these issues into the public eye. 21 Mar

Unintended Consequences: Philip Seymour Hoffman’s Estate

Estate Planning: 6 Big Mistakes You Might Be Making | Curated Content | Common Mistakes | Estates Gone Wrong 23 Feb

Estate Planning: 6 Big Mistakes You Might Be Making

Tax Considerations for Inherited Properties: What You Need to Know | Property Pitfalls | Real Estate | Estates Gone Wrong 15 Feb

Tax Considerations for Inherited Properties: What You Need to Know

If you have a rare or unusual collection, you need to ensure that it's properly accounted for before you pass away. The most failsafe way of doing this is to include your collection in your estate plan. Working with the right appraiser is key! 06 Jan

Unusual Collectibles: Working with the Right Appraiser is Key