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Who is a “Spouse”?

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A ‘Playboy’ Millionaire’s Legacy The estate litigation of dismembered multi-millionaire Gang Yuan has once again made headlines. Last Friday, the British Columbia Court of Appeal denied leave to appeal by one of five mothers to his children who sought to establish that she was a “spouse” to Mr. Yuan. Mr. Yuan came to Canada in 2007. The ‘playboy’ millionaire fathered 5 children with 5 mothers, while romantically engaging as many….

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Estate Administration, Estate Litigation, In the News, Uncategorized

DEATH OF A DESIGNATED BENEFICIARY

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This blog was written by Karen Crellin, Estate and Trust Advisor at MD Private Trust Company which is part of Scotia Wealth Management *Note: This post was written by a Saskatchewan planner with a focus on common law. It is important to seek guidance in your own province to ensure your plan works there.*   Most people know about beneficiary designations. The investment vehicles under which beneficiaries can be designated include registered….

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Nova Scotia, Home to Many Older Canadians…..

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My batteries are recharged!!! I enjoyed a wonderful week in Nova Scotia, appreciating the beautiful views from Cabot Cape Breton. Walking the Links with a local caddy I asked how older Nova Scotians typically fare and asked about residences and home care.  He shared that many locals have large families (he has 90 first cousins) and they ‘look after their own’. This is a good thing because: “About 22 per….

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Too Ill to Make a Will: three practical tips for surviving deathbed retainers

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A Dead Give-Away Did you know that deathbed wills are the original will? In medieval Europe, for all but those in high society, will-making was synonymous with efforts right before death. Luckily, this type of estate planning is no longer the status quo. However, deathbed wills have persisted as a reality of life to this date. So what should drafting solicitors keep in mind when they get the dreaded phone….

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Disability, Elder Law, Estate Planning, Uncategorized

Something to Do Before You Say “I Do” in 2022

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Like the travel industry, the wedding industry is in full-steam for the summer of 2022.  Two years of blissful couples-to-be not being able to host their dream event have led to a flurry of weddings this summer season.  Besides the increased number of wedding invitations for the summer months, the increase in engagements to complete marriage contracts is an indicator that something is different this year.  For those couples-to-be that….

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