Featured Blog Posts
Choosing a Neutral Executor in Ontario: Duties, Responsibilities, and Compensation Guide
Selecting a trustworthy, neutral executor is crucial for Ontario estates, especially in complex or blended families. This guide covers key qualities to seek, detailed responsibilities from securing assets to obtaining CRA clearance, and the standard compensation structure—typically up to 5% of estate value under Section 61(1) of the Trustee Act.
Avoiding Double Taxation on Private Company Shares: Pipeline Planning for Canadian Estates
Double taxation erodes Canadian estates when private company shares trigger capital gains at death followed by dividend taxes on distributions. This guide explains the problem with real examples and outlines CRA-approved solutions like pipeline plans—transferring shares to a NewCo for promissory note repayment—and expanded loss carryback rules allowing offsets up to three years post-death.