The loss of a loved one coupled with an actual or perceived impropriety in the handling of his/her estate often results in contentious estate litigation. And, while litigation may ultimately resolve the dispute, it is not always the best means of dealing with such emotionally charged disagreements.
Progress always requires change, and progress in the way we tax tangible property is no exception. The tangible property rules have long been one of the murkier areas of the federal tax code. But new regulations — the last piece of which was issued in September — clarified the rules for acquiring, improving, maintaining and disposing of tangible property used in a trade or business.
Listen to Hull on Estates #403 – Costs in litigation. Today on Hull on Estates, Noah Weisberg and Paul Trudelle discuss the recent Court of Appeal decision of Heston-Cook v. Schneider and the effects this has on cost awards in estate matters, including blended awards.
Wealth-X and NFP’s Family Wealth Transfers Report looked at when the world’s ultra high net worth individuals are expected to pass along their wealth in upcoming years and how much would be transferred.
I think “budgets” are the reason many more people don’t have a sensible strategy for reaching their financial goals. The word “budget” creates obstacles in two ways.
Today, in Ontario, over 1,500 people are on the waiting list for a life-saving organ transplant.
A financial plan should be a thoughtful alignment of your income, expenses, saving, and asset allocation that makes it more likely you’ll achieve what matters most to you.