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Wills, Trusts & Estates

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Friday, April 03, 2020 @ 10:28 AM

Show of hands: Virtual annual general meetings virtual_voting_sm

As all levels of government in Canada continue to impose increasingly restrictive physical distancing measures to stop the spread of COVID-19, not-for-profit and charitable organizations are facing unprecedented challenges in connection with holding their upcoming Annual General Meetings (AGMs). ... [read more]

Friday, April 03, 2020 @ 8:48 AM

Quebec, federal beneficial ownership disclosure for corporations, trusts disclosure_files_sm

Quebec released its budget on March 10, and news on it has justifiably been overtaken by the COVID-19 pandemic, as the health of all is paramount at this time and always. Nevertheless, for those whose practice touches on corporations or trusts anywhere in Canada, it is important to note that a statement in the recent Quebec budget on beneficial ownership disclosure underlines the kinds of rules that will have to be interpreted in the upcoming years in all Canadian jurisdictions in order to apply new rules on disclosing individuals who are the ultimate beneficial owners or controllers of private corporations and sometimes of trusts. This, and a comparison to some of the federal rules on the issue, will be discussed below. ... [read more]

Friday, April 03, 2020 @ 8:30 AM

Facing pandemic as a law practice program candidate 2resumes.jpg

The economic impact of the COVID-19 pandemic has been hard to digest. No one knows how bad it’s going to get or not. Business activity in some regions has fallen sharply and supply chains have been disrupted. This has pulled down commodity prices and the Canadian dollar has depreciated. Consumers and businesses have become more cautious in their spending given the uncertainty. ... [read more]

Thursday, April 02, 2020 @ 2:49 PM

Estate freezes: A silver lining of COVID-19 | Dale Barrett

With the world in flux and an unprecedented shutdown of the world’s economy, those who were planning to transfer businesses to the next generation have been given what is (hopefully) a once-in-a-lifetime opportunity to defer additional taxes for many years. ... [read more]

Tuesday, March 31, 2020 @ 8:43 AM

Access to Justice: Justice in the time of social distancing | Beverley McLachlin

The COVID-19 virus has changed our world. It is unprecedented, impacting every aspect of our daily lives, keeping us apart from each other and shutting down most of our conventional ways of interacting in society, save for essential services. ... [read more]

Friday, March 27, 2020 @ 9:45 AM

To be or not to be appointed estate trustee lastwill_testament_sm

Appointing an estate trustee or executor is one of the most important decisions people will make in their lifetime — strangely for their life after death. In affirming this decision there are several considerations that should be contemplated. ... [read more]

Friday, March 27, 2020 @ 9:26 AM

COVID-19 time for reflection, possible change | Rachel Goldenberg

It is March 2020 and I am currently sitting at my desk in my home office. I have a hot coffee beside me, my husband is working in the next room, and my children are happily and wildly playing around the house. Sounds simply idyllic, right? Not so much. We are all home, not of our own choosing, but because we are self-isolating, amid the COVID-19 pandemic that has spread across the world. We are all social distancing, staying home and trying to keep everyone we know and love healthy and safe. ... [read more]

Friday, March 27, 2020 @ 8:34 AM

New work from home reality an opportunity for law firms | Andrea Lekushoff

It’s hard to believe how quickly the COVID-19 outbreak has changed our business landscape. The overall tone of public messaging went from cautious to urgent in just a few short weeks. In the midst of all this uncertainty, companies are trying to figure out how to best follow publicly issued guidelines and directives while serving clients and conducting business in as close to their usual way as possible. ... [read more]

Thursday, March 26, 2020 @ 1:21 PM

Four key actions lawyers can take to mitigate effects of COVID-19 Working from home

COVID-19 has had a dramatic impact on the legal profession in the past few weeks. Courts in many jurisdictions have shut down. Many lawyers and support staff are working from home. Clients are confused. And there is no end in sight. Coping strategies are the key to getting through this difficult time. ... [read more]

Tuesday, March 24, 2020 @ 1:07 PM

Regulating cryptocurrency exchanges: The courts struggle bitcoin_investing_sm

Cryptocurrency remains, in many ways, a novel asset class. No surprise, then, that courts in many jurisdictions are still trying to figure out how their law applies to the phenomenon. ... [read more]