A Child’s Interest in the Family Cottage

by: , January 27, 2007

Recently, a client came to me regarding the purchase of a family cottage.  The client was obviously excited about his new purchase, and wanted advice as to whether he should include his minor children on title.  As his children would ultimately inherit the cottage, he thought it would be a good idea to include them…read more

When is a Loan a Gift?

by: , February 28, 2006

A father’s intention to gift his children a substantial amount of money and benefit a favoured charity at the same time, albeit indirectly, was at the centre of a recent case decided by the Tax Court of Canada.  The case in question is Benquesus v. Canada [2006] T.C.J. No. 149.  Gift giving has never been…read more