New probate rules and the Wills, Estates and Succession Act (WESA) will come into force officially on March 31, 2014.

The Supreme Court of Canada (SCC) released its unanimous decision in a case involving how a trust’s residency for tax purposes should be determined. The court held that the principal basis for imposing income tax in Canada is residency.  As with corporations, the residence of a trust…

A new Wills and Succession Act (WSA) was passed by the Alberta Legislature in Fall 2010. A year has been set aside to allow for preparation and education before the Act becomes law. Once in force, it will have significant impact on wills and succession practice in Alberta. The WSA is…