Landmark events are a common occasion for people to turn their minds to making or altering their estate plans.
A recent study by the Bank of Montreal Insurance Company reveals that Canadians, on average, believe that they require life insurance coverage in the amount of at least $265,607.00 to satisfy their debts, funeral expenses, and to fund financial support for dependants after their death.
Many closely-held businesses have adopted agreements among their equity owners that restrict the owners in what they can do to sell or transfer their equity. In corporations, such agreements are frequently referred to as shareholders’ agreements. In limited liability companies, the key terms of such agreements are included in LLC operating agreements. And in certain start-up contexts, such restrictions can be broken out into several different agreements, such as investor rights agreements, voting agreements and right of first refusal agreements.
The Estates of writers, musicians and other artists often generate revenue – sometimes in the hundreds of millions of dollars – through intellectual property rights (royalties).
As the Canadian winter quickly approaches, more and more of us yearn for sunshine and palm trees. With increasing mobility came an increase in foreign property purchases by Canadians, which in turn can complicate modestly-sized estates.
Listen to Hull on Estates #398 – Challenging the Will of a living person. Today on Hull on Estates, David Smith and Moira Visoiu discuss the circumstances in which you may be able to challenge the Will of a living person, and look at the case of Gironda v. Gironda.
The legendary Top 40 Countdown DJ, Casey Kasem, passed away in June, 2014 after a dramatic Hollywood style guardianship dispute between Casey’s wife, Jean Kasem, and his daughter from a prior relationship, Kerri Kasem.
If you’re a trusts and estates lawyer, a larger and larger share of your practice is going to have little — if anything — to do with our probate code. Why?