O’Sullivan Estate Lawyers
in the Media
O’Sullivan Estate Lawyers in the Media
The Toronto-based trust and estate lawyers at O’Sullivan Estate Lawyers are regularly sought by reporters, editors, as well as TV and radio producers for their thought leadership, opinions and analysis of important and topical trust and estate issues which impact families in wealth succession and planning.
They are also regular columnists for The Lawyer’s Daily, published by LexisNexis, one of Canada’s most important publications for the legal profession, as well as Advisor’s Edge, published by Newcom. The firm is also a member of Mondaq, and has a robust listing of articles which are distributed through the Mondaq Global Network, with more than 1 million members worldwide, including lawyers, accountants, as well as C-suite executives and business owners.
- August 16, 2023
Yes, a multiple-will plan can be an estate saver
In jurisdictions where there are high probate fees, like Ontario, using multiple wills in your estate plan is of particular importance.
As you may be aware, you can have two wills – a Primary Will that governs any asset that would likely attract a request of probate, and a Secondary Will that governs any asset that does not require a probated will to administer.
When the Primary Will is submitted for probate upon your death, probate fees would only be payable on the value of the assets falling under the Primary Will.
- June 16, 2023
Best Law Firms for Wills, Trusts, and Estates | Top Wills, Trusts, and Estate Law Boutiques 2023–24
O’Sullivan Estate Lawyers has once again ranked among the “Top 10 Wills, Trusts and Estate Law Boutiques” in Canada for 2023-2024.
- May 25, 2023
Lost will: What it means and what you can do
A lost will is presumed by law to have been revoked by the testator (will maker). The party wishing to prove the lost will must establish the following in order to rebut the presumption of revocation and have a copy of the will stand in the place of the original will:
- May 5, 2023
Reflections and predictions on 25 years of estate law
When I unlocked the door of the offices of O’Sullivan Estate Lawyers on Monday, May 4, 1998, to start a boutique law firm was a novel idea in a world dominated by mostly generalist law firms.
- April 19, 2023
Sentimental value: Dealing with personal effects in estate law.
There are many considerations in handling your personal effects in your estate plan to ensure that there are no disagreements among the beneficiaries.
- April 5, 2023
Issues to consider in estate and probate planning
There are several methods for minimizing Estate Administration Tax (EAT), also known as probate fees upon death.
Many focus on removing the value of assets from the estate, thereby reducing EAT. For example, a house held with a spouse as joint tenants with right of survivorship will generally pass to the surviving spouse upon the first spouse’s death without forming part of the deceased spouse’s estate.
- March 16, 2023
Update on U.S. estate tax: Lull before storm
The lifetime exclusion amount is set to decrease on Jan. 1, 2026, to $5 million, adjusted for inflation since 2011, unless legislation is passed by the U.S. Congress.
- March 16, 2023
U.S. estate tax lifetime exclusion amount set to drop
What is the current state of play when it comes to U.S. estate tax, including its impact on many Canadian tax residents and others with U.S. connections? First, here’s an update on some key tax rates and concepts for 2023.