Estate Alert – Common Misconceptions about Joint Accounts and Joint Ownership

Elderly parents will often put their money into bank accounts held jointly with their adult children, or transfer real property into a joint tenancy with one or more of their adult children. Sometimes, this is done for expediency so that an adult child can help manage the asset. In other cases, this is a planning technique used to avoid estate administration tax when the parent dies.

Quiz: Litigating in the Caribbean

In the dead of Canadian winters, it’s not just snowbirds who escape to the Caribbean. Incentives such as low or no taxes, less robust financial regulation, and a high degree […]

Partner Emeritus John McKellar Recognized at Mayor’s Evening for the Arts

jm recognition

WeirFoulds Partner Emeritus John McKellar, CM, QC, was recognized at the Mayor’s Evening for the Arts for serving eight years as Board Chair of the Toronto Arts Council. Held on October 26, 2015 at the Metro Toronto Convention Centre, the event raised funds in support of the Toronto Arts Foundation.

Land Transfer Tax: Assignments, Flips and Options

Determining the amount of Land Transfer Tax (“LTT”) payable on a routine purchase and sale transaction is not a difficult task. On a more complicated transaction or series of transactions, however, the impact of the Land Transfer Tax Act R.S.O. 1990, c.L.6, as amended (the “Act”) and the resultant LTT may have surprising and unfavourable results for a purchaser.

Quiz: The Dos and Don’ts of Workplace Investigations

Workplace investigations are essential in cases of alleged harassment, workplace violence, bullying, fraud or other types of egregious misconduct. However, employers often fail to conduct a thorough and legally sound […]

WeirFoulds Ranked Number One in the Canadian Lawyer Survey for the Top 10 Ontario Regional Firms 2015

WeirFoulds LLP is delighted to announce that the Firm has been voted by our peers and colleagues as the number one regional law firm in Canadian Lawyer’s 2015 Survey for the Top 10 Ontario Regional Firms. Canadian Lawyer surveyed lawyers and in-house counsel from across Canada to vote on Ontario’s full-service regional firms based on regional service coverage, client base, notable mandates, service excellence and legal expertise.

Glenn Ackerley Acts as Fairness Advisor and Releases his Report on the Mega Hospital Site Selection Process in Windsor

Glenn Ackerley, partner, WeirFoulds LLP, acted as the Fairness Advisor in the process of selecting a site for a New Single-Site Acute Care Hospital in Windsor.

While a Fairness Advisor was not required for this process by the terms of the Ontario Broader Public Sector Procurement Directive, the Co-Chairs of the Program and Services Steering Committee decided that this role would add an extra layer of accountability to the process.