Articles

About Articles The following articles are published by the Trusts and Estates Law Section of the Ontario Bar Association. Members are encouraged to submit articles. About Articles

Editor: Jennifer Corak

Today
Today

Testing the Boundaries of the Drafting Solicitor’s Duties

  • October 22, 2013
  • Raquel Kaplan Goldberg

In Vincent v. Blake, Cassels & Graydon LLP, the Ontario Superior Court found that only a trial can determine whether a drafting solicitor owed a duty of care to a beneficiary under a will to ensure a correct valuation in the testator’s estate freeze.

Phantom Income – It’s Not What It Appears To Be

  • October 09, 2013
  • Vincent J. De Angelis

You won’t find "phantom income" in the Income Tax Act. It is more of a legal term of art. I would hazard a guess that most practitioners do not consider this type of income when drafting trust documents.