Blue ballpoint pen on last will and testament
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BC Court Rules that Transfer of Estate Assets to Alter Ego Trust is Not Fraudulent 

A recent decision from the British Columbia Supreme Court, Kramer v Kramer,[1]considered whether assets transferred to an alter ego trust should be returned to the deceased’s estate as a fraudulent conveyance to satisfy a wills variation claim. British Columbia is unique in Canada for the wills variation provision in the Wills, Estates and Succession Act…

Family Conflict results in Long-Term Estate Litigation over Secret Trust and Mutual Wills Agreement
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Family Conflict results in Long-Term Estate Litigation over Secret Trust and Mutual Wills Agreement

Family life can be complicated, especially when it comes to entitlement to finances. In some cases, conflict looms so large that it causes significant hardship when someone dies and their estate is administered. In a case before the Ontario Court of Appeal earlier this year, a family’s conflict led to lengthy litigation regarding the establishment…

Is the Transfer of Property a Gift or a Resulting Trust?
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Is the Transfer of Property a Gift or a Resulting Trust?

When a parent dies, it is common for their children to come together to handle the estate. However, this can lead to a number of disputes which may end up in litigation. When siblings cannot agree, the courts can step in to provide clarity. This allows them to determine how the estate should be split and…