Estate Administration – Page 29

Assessing Drake’s Estate Planning Needs

Demetre Vasilounis • September 24, 2021 • 2 Comments

As a Toronto native, I couldn’t help but listen to rapper Drake’s highly-anticipated new album Certified Lover Boy, which he released just a few weeks ago. In fact, it has been enjoying record-breaking streaming numbers from music fans around the world, amassing a staggering 153 million global Spotify streams in its first 24 hours of release. Drake and his music are clearly influential on a global level. Drake’s songs have….

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Estate Administration, Estate Planning, In the News, International, Probate Tax, Property, Real Estate, Succession Planning, Tax Issues, Wills

More Tech Companies Are Implementing Digital Legacy Planning

Demetre Vasilounis • July 30, 2021 • 2 Comments

When it comes to estate planning for one’s digital assets, it is now no secret that, depending on the organization(s) involved, options can be limited. This is particularly the case for online accounts. A few years ago, Fasken published a bulletin titled “Estate Planning and Online Accounts”. This bulletin examined a selection of major technology companies’ approaches to dealing with a deceased user’s account. Few companies allowed for any sort….

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Contracts, Estate Administration, Estate Planning, In the News

When Leaving Your Premises for Medical Reasons and Never Go Back: Need a Plan

Steven Frye • July 20, 2021 • 0 Comments

I do a lot of work in the insurance industry. Recently, I came across a court case which I thik is a cautionary tale for estate planners and executors. In Gregson v. CAA Insurance., 2021 ONSC 3041, Ms. Gregson was a property owner and name insured on March 17,2017 when her property sustained water damage. A plumber determined that the pipes servicing a bathroom sink had a crack in the….

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Capacity Law, Caregiving, Disability, Elder Care, Estate Administration, Estate Planning, Executors, Geriatric Care Management, In the News, Insurance, Power of Attorney, Property, Testamentary Capacity, Trustee

Changing Beneficiary Designations

Gillian Fournie • July 14, 2021 • 0 Comments

Changing a beneficiary designation is as simple as writing it down…..

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Estate Administration, Estate Administration and Probate Applications, Estate Litigation, Estate Planning, Executors, Family Conflict, Investments, Probate Tax, Trusts

And then there was more…

Maureen Berry • July 2, 2021 • 2 Comments

Typical advice to an executor would outline his or her duties, explain how to go about completing them, and then would end with a statement something along the lines of “and then your job as an executor will be complete”. And we all know that the role of an executor can be a complicated and drawn-out affair. Today’s blog is about an interesting situation that I recently came across where….

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Estate Administration, Executors

Digital Estate Planning

Scotiatrust • June 24, 2021 • 2 Comments

This Blog was written by: Dave Madan, Market Lead and Manager, Scotiatrust Estate planning has evolved recently. We have learned how our digital accounts are affected by our plan, how to deal with online accounts such as PayPal, Facebook, Google, and Apple, however, it has continued to evolve even further. Cryptocurrency has become even more mainstream. Major backers like Mark Cuban have invested significant assets into cryptocurrency. Bank of America,….

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Estate Administration, Estate Planning