IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Stéphane Couchoux of FIDAL. Stéphane has joined IR as our exclusive Trust and Charity Law member in France. Working alongside our clients for 96 years, we know all the economic and institutional players and understand their issues. Proud of our history but […]
The process of recovering debts can be extremely challenging, particularly when the individual debtor in question is sophisticated, and holds assets in multiple jurisdictions around the world. The legal process […]
Read moreThe Duty To Follow The Wishes of The Deceased and “CIFSA” Upon the death of an individual in British Columbia, unlike other Canadian jurisdictions, there can exist a legal duty upon the person charged with disposing of a deceased’s remains to follow the deceased’s final wishes with respect to their remains (as we’ve blogged about previously). However, […]
Richard Weiland, Areet Kaila, Cathie Brayley Articles August 23, 2017 Our prior posts in this series gave an overview of the government’s consultation paper, and outlined the paper’s proposals to limit the lifetime capital gains exemption and to limit income splitting. This post will focus on some ways in which the proposals are expected to have consequences for trusts and estates. […]
Scott McLeod, Areet Kaila, Cathie Brayley, Richard Weiland Articles August 3, 2017 This is the fifth in a series of posts arising out of the Liberal Government’s paper “Tax Planning Using Private Corporations.” In addition to proposals involving income splitting, access to the capital gains exemptionand new proposals for the taxation of passive income in a corporation, the draft legislation released at the […]
Cathie Brayley, Areet Kaila, Richard Weiland Articles July 28, 2017 This is the third in a series of posts arising out of the Liberal Government’s paper “Tax Planning Using Private Corporations.” In the first post of this series, we presented an overview of the proposals the Liberal government outlined in its paper “Tax Planning Using Private Corporations” (the “Paper”). Proposals […]
The Supreme Court of Canada recently decided the case of Sabean v. Portage La Prairie Mutual Insurance Co. This case involved the interpretation of an excess insurance policy offered in Nova Scotia called an SEF 44 Endorsement. The Endorsement offered “underinsured motorist protection”, as it is called in British Columbia. The Endorsement was intended to indemnify […]
Insurers: Beware Of Reasonable Expectations Andrew Dixon Case Studies June 26, 2017 The Supreme Court of Canada recently decided the case of Sabean v. Portage La Prairie Mutual Insurance Co. This case involved the interpretation of an excess insurance policy offered in Nova Scotia called an SEF 44 Endorsement. The Endorsement offered “underinsured motorist protection”, as it […]
Firm News June 1, 2017 For almost 100 years, we have had legislation in BC that allows a court to vary a will to cause a larger part of the estate to be gifted to a spouse or child. Until recently, courts often did not give much weight to a marriage agreement that limited the […]
Firm News June 5, 2017 Lawyers practicing in will and estate planning benefit from also having an understanding of basic tax considerations in order to prepare an effective plan, administer an estate and identify more complex issues requiring the input of a tax lawyer or accountant. Areet Kaila presented at the Continuing Legal Education Society of BC’s Basics […]
Geoffrey White, Emily Clough Articles June 20, 2017 The definition of spouse in BC’s Wills, Estates, and Succession Act says that two people are “spouses” if “they have lived with each other in a marriage-like relationship for at least two years.” Can two people be spouses if they have never actually lived together in the same home? This question was considered […]
Lauren Liang Articles June 30, 2017 Since 1927, legislation in British Columbia had provided that in cases of intestacy, children born out of wedlock would inherit on the same basis as children born in a marriage. The British Columbia Courts have also long adopted the approach that where there is nothing in the language of […]
