Exceptional solutions. Your needs are as unique as you.

Search
Close this search box.

Blog

OSullivan-Estate-Lawyers-LLP-logo

Celebrating

our 10th year
blog anniversary

Author: O'Sullivan Estate Lawyers

Trustee Discretion: Where Absolute does not mean Unfettered

Trusts, and discretionary trusts in particular, are a staple of estate planning for their flexibility and adaptability. They can address a multitude of situations such as: managing assets for spouses, minors, persons with disabilities or vulnerabilities; asset protection and preservation; business wealth and succession; and incentivizing activities such as education.

Read More »

A Guide on Gifting to Grandchildren

The welcoming of a new child into the family is a great time for parents to update their estate plan to include their bundle of joy. But what about a new grandparent? The question always arises: should I leave anything for my grandchildren? The short answer is that you don’t

Read More »

How to Navigate the Underused Housing Tax (UHT) Maze

Canada’s underused housing tax (UHT), which took effect on January 1, 2022, had its first filing deadline on April 30, 2023. However, the Canada Revenue Agency (CRA) provided transitional relief so that no penalties or interest will be applied for returns and payments received before November 1, 2023. In a

Read More »

How Not to Update Your Will

Your Will is an expression of your last wishes and sometimes, as circumstances and family dynamics change, you will need to update your Will to reflect these changes. But these updates should not be taken lightly and, if not done properly, can put your entire estate plan in jeopardy. This

Read More »