Business Succession
Taxation at Death: Using Rollovers to Defer Taxes
RolloversAccording to the Canadian Income Tax Act there are two circumstances under which death need not bring forth a deemed realization of non-depreciable capital property or...
The Liability of Personal Representatives in Estate Administration
Personal Liability of Personal RepresentativesThe purpose of the personal liability provision is to encourage personal representatives to ensure that they do not overlook their obligations, such...
ESTATE TRUSTEE: FREE RADICAL OR LOOSE CANNON?
Having known that the estate trustee authorized by the will is like a free radical (definition: a chemical ion free to do anything), it remains to...
ESTATE LITIGATION: Overturning the last Will & Testament of a deceased!
When someone seeks to overturn the last will and testament of a deceased, the proceeding is known as a challenge to a will. Generally, the validity...
BUSINESS SUCCESSION PLANNING: Passing down your business
Why plan who will take over your business now? What’s the need? It is estimated that in the next ten years just about half the number of...
