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.

Estate Alert – 2015 Federal Budget Highlights

Yesterday the Minister of Finance, the Honourable Joe Oliver, presented the federal budget for 2015-2016 (“Budget 2015”) in the House of Commons. The following is a summary of some of […]

The Carter Decision — What’s Next?

Our Estate Alert of February 6, 2015 discussed the Supreme Court of Canada [“SCC”]’s decision of Carter v. Canada (Attorney General)that was released that day. Now that we have had some time to consider the decision, we are asking “what’s next?”

Sperm Donors Beware: Can you Bank on Your Anonymity?

The Court of Appeal for British Columbia has recently held that the offspring of anonymous sperm donors (“donor offspring”) have no constitutionally-protected right to know the identities of their biological […]