Why Estate Planning Matters for the LGBTQ+ Community
Estates, Trusts and Pensions Journal
Darren Lund and Brittany Sud co-author a paper for Thomson Reuters’ Estates, Trusts and Pensions Journal, 2021 Vol. 40 (available by subscription only). The article was recognized with the 2022 OBA Foundation’s Widdifield Award for originality, scope, technical merit, creativity and...
Choosing One of Your Adult Children as Your RRSP/RRIF/TFSA Beneficiary? Think -and Act- Carefully
Planning Matters
Stephen Hsia authors an article outlining a few issues to consider when naming one of your adult children as the beneficiary on a registered plan: It’s an increasingly common story. A widow has several children, all of them adults. She...
British Columbia allows electronic wills – A glimpse into Ontario’s future?
Ontario Bar Association Estates and Trusts Law Newsletter
Stephen Hsia writes an article on the promise and potential pitfalls of electronic wills: On December 1, 2021, British Columbia became the first province to allow electronic wills – fully digital wills. This development is welcome news for many Ontarians...
Multiple will mishap
Introduction A recent decision from the Ontario Superior Court of Justice, Gordon v. Gordon et al., 2022 ONSC 550 (“Gordon“) shines a light on the importance of prudent drafting when undertaking multiple will planning. Multiple wills, when properly drafted, can provide...
Giving corporate assets by will
One cannot give away what one does not own. This concept is so fundamental that it should go without saying. The same is true for the principle of corporate separateness; that is, a corporation is a distinct legal person from...
2022 Federal Budget Review
Introduction The 2022 Federal Budget was tabled in the House of Commons on April 7, 2022 by the Honourable Chrystia Freeland, Canada’s Deputy Prime Minister and Minister of Finance. With a Foreword that began with a thank you to Canadians...
Stephen Hsia featured in The Globe and Mail article on selecting an executor for a will
The Globe and Mail, "Why you might need to update the executor in your will as you get older"
The article outlines the importance of choosing an executor and some of the factors to consider when making that decision: Stephen Hsia, a Vancouver lawyer specializing in estate planning with Miller Thomson LLP, has a “three T” rule for executor...
Don’t presume your kid will get it: Simard Estate and beneficiary designations
This past February, millions of Canadians contributed to their Registered Retirement Savings Plans (“RRSPs”). However, few may realize that those hard-earned savings might not go to their chosen beneficiary. The British Columbia Supreme Court decision of Simard v. Simard Estate,...
Brittany Sud quoted in Investment Executive article on reporting rules for bare trusts
Investment Executive, "Expanded reporting rules for bare trusts have estate practitioners uneasy"
Brittany Sud is quoted in an Investment Executive article that delves into the federal government’s proposal to expand trust reporting rules to cover “bare trusts”. Bare trusts are also used to mitigate or plan around the relatively high estate administration...
Multiplying the capital gains exemption: WAIT – THEY GET THE MONEY??
You’re ready to sell your business. Excellent – congratulations on building something worth buying. You’ve had one of those family trust things around for several years. Thanks for following sound tax planning advice. You’re hearing now about multiplying the lifetime...
