One of the increasing challenges facing parents and other family members today is achieving success in their estate planning – passing on their wealth well. But how should we define “success”. From a professional viewpoint, much of estate planning focuses on ensuring a tax and cost-efficient transition of wealth to
Month: October 2017
In estate planning, a parent typically wishes to provide for their children and each child’s family. However, this desire to benefit the child’s family often has a caveat: the child’s spouse should not receive any part of the inheritance in the event of separation or divorce.
In April 2017, the CBC reported that over 1,300 people in Canada have died with medical assistance since the Criminal Code was amended in 2016 to legalize medical assistance in dying (“MAID”). While this statistic points to the importance of MAID for many Canadians, the new legislation has not settled