Vince De Angelis of OBA’s trusts and estates section expresses concern with proposed regime: from The Law Times
The Ontario Bar Association’s trusts and estates section is taking an interest in the issue given that its members represent substitute decision-makers, testators, beneficiaries, estate trustees, and financial institutions. Vincent De Angelis, vice chairman of the trusts and estates section, voices a concern that the scheme might usurp the procedures provided under existing statutes, such as the Absentees Act, the Declarations of Death Act, and, more particularly, s. 36 of the Trustee Act. “We are concerned that it should not prejudice any existing means of holding property.”
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