Animals have been prominent in newspaper headlines over the past week. A cute monkey in a coat wandered freely in a Toronto-area Ikea. In New Zealand, driving dogs passed a doggie driving test, navigating a modified car around a race track live on television. It turns out that animals are not all that different than… View this post »
All posts in the ‘Trusts’ category
When should a trust for a child vest?
There are some decisions in estate planning that almost all parents agree on. For example, “Do you want most of your estate to benefit your children after both parents die?” Most parents will answer that question with a yes. “For your younger children, do you want their share of the estate held in a protective… View this post »
Interests in discretionary trusts under the new Family Law Act
The new Family Law Act (the “FLA”) received royal assent on November 24, 2011 and is scheduled to come into effect in March of 2013. The FLA introduces significant changes to the rules surrounding property division upon a marital breakdown. Under the FLA, “family property” is divided equally between the spouses, and includes all real… View this post »