Toronto Estate Law Blog

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Category Archives: In the News

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Art & Taxes

Posted in Estate Planning, In the News
Almost everyone is required to pay some sort of tax.  As such, it seems logical to set up a method to allow as many people as possible to pay their taxes.  Where does it make more sense than in Italy, the land of Michelangelo and Raphael, to allow people to use art to pay tax. … Continue Reading

Aging population could have its benefits

Posted in Elder Law, In the News
Suzana Popovic-Montag has previously blogged about the impact of Canada’s aging population on the healthcare system, the prison system, and various industries, such as farming.  The aging workforce has the potential to leave jobs unfilled, while many believe that our health care system, in its current state, does not have the capacity to deal with … Continue Reading

Obituaries, Funerals, and Grave Markers

Posted in Funerals, In the News
The death of Larry Frazer has been in the news this past week.  His memorial had been booked for September 29th at the St. Patrick Parish Centre hall, when the family received a phone call indicating that the Church had cancelled the booking on the basis of the late Mr. Frazer’s obituary photograph, which depicted … Continue Reading

“Death Row Dinners” – Bad Taste?

Posted in In the News
A London “pop-up” restaurant planned to recreate and sell dinners requested by death row prisoners as their last meal.  However, criticism lead to the event’s possible cancellation before it was even held. According to the organizers, the event was to serve “a five course feast of their culinary twists on some of death rows [sic] … Continue Reading

Could time limited marriages be in our future?

Posted in In the News
Marriage is outdated. At least that’s what one article published this week in the Globe and Mail would have you believe. Citing the ever rising divorce rate, together with a younger generation that has “abandoned committed relationships”, the author asks whether it is time that we re-think the legal framework of marriage. One possible solution … Continue Reading

Bringing Awareness to Death

Posted in Estate Planning, In the News
I recently came across two vastly different approaches with respect  to increasing awareness around death.  As this is an obvious foray into estates, these activities clearly shed light on estate planning and end of life decisions. Death Dinners As the title indicates, a website called Let’s Have Dinner and Talk About Death invites individuals to … Continue Reading

The Giving Pledge

Posted in Charities, Estate Planning, In the News
Warren Buffet, Bill and Melinda Gates, Mark Zuckerberg, and Elon Musk are undisputedly household names known throughout the world for their cunning business knowledge, entrepreneurship, and of course their vast fortune.  However, an additional trait shared amongst them all is their charitable spirit.  This is best exemplified through The Giving Pledge, which is a commitment … Continue Reading

Facilitating Access to Palliative Care

Posted in Elder Law, In the News
Certain elder law issues, such as estate planning and assisted death, are often the focus of discussions with respect to individuals who are terminally ill.  However, despite its impact on end-of-life quality, the issue of accessibility of palliative care continues to be a secondary consideration that receives relatively little attention. Gaining access to high-quality palliative … Continue Reading

The Importance of Prudent Funeral Planning

Posted in Funerals, In the News
Teenager Rueshad Grant was tragically killed at last year’s Toronto Caribbean Festival (Caribana) when he fell underneath the wheels of a float. Funeral costs are typically paid out of the Estate but when the deceased is a teenager, their assets are usually insufficient to cover the costs of a funeral.  Under these circumstances, the family … Continue Reading

The UK Inheritance Tax Debate

Posted in Estate & Trust, In the News
When a resident of the United Kingdom dies, his or her estate may be depleted by the payment of significant levels of inheritance tax.  Though not unique to the UK, inheritance tax is a subject of concern for a great proportion of the British population who expect to receive assets left to them by aging … Continue Reading

Judge Decides the Sale of the L.A. Clippers

Posted in Capacity, Executors and Trustees, General Interest, In the News, Litigation, Trustees, Uncategorized
In the latest high profile trust dispute to hit the courts, the Los Angeles County Superior Court has ruled in favour of Rochelle “Shelley” Sterling thereby giving her the authority to sell the Los Angeles Clippers to Steve Ballmer for a ground breaking amount of $2 billion dollars on July 28, 2014. Our in-house sports … Continue Reading

Parents are not having Financial Planning Discussions with their Children Early Enough

Posted in Estate Planning, General Interest, In the News
A recent study from an American investment firm notes some surprising revelations about the conversations parents are having with their adult children about financial planning. Approximately 40% of parents have not discussed issues such as estate planning with their children, nor have they discussed how they may fund possible health needs in old age.  The … Continue Reading

Seniors Remain Optimistic About Golden Years

Posted in Elder Law, In the News
The average Canadian will struggle to fund retirement.  However, despite increasing longevity, resulting in greater costs associated with personal care later in life, a recent study suggests that a significant majority of the aging population is optimistic that they will continue to benefit from a high quality of life in old age.  Survey results indicate … Continue Reading

Canadian Alzheimer’s Study Finds Gene That Delays Onset of Alzheimer’s

Posted in Capacity, In the News
An exciting recent Canadian study has found a genetic variation that delays the onset of Alzheimer’s by as much as four years. The study, undertaken by Judes Poirier and his team at the Douglas Mental Health University Institute and McGill University in Montreal, found a variant of a cholesterol-regulating gene which can delay the onset … Continue Reading

Selling the Los Angeles Clippers

Posted in In the News, Trustees
There has been much in the news lately surrounding the sale of the Los Angeles Clippers stemming from the remarks made by the owner, Donald Sterling.  However, in the estates and trusts world, interest has revolved around the fact that the Clippers is owned by the Sterling Family Trust (the “Trust“) and the implications this … Continue Reading
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