Archive for the ‘Trusts & Estates’ Category

Can Estate Planning Save You Potential Problems and Expenses?

Can Estate Planning Save You Potential Problems and Expenses?

Wills, estates, trusts and power of attorney are all common tools used in estate planning. Estate planning involves legally structuring your assets (e.g. property, stocks, business interests, money) so as to minimize potential taxes and fees, thereby, maximizing the after-tax value of your Estate on behalf of your beneficiaries in the event of your untimely [...]

Balancing Pros and Cons of Henson Trusts

Henson Trusts

Wills, Estates, Charities & Trusts DONALEE MOULTON With greater power comes greater risk. That’s the balancing act lawyers and their clients must weigh when considering a Henson trust. Two factors distinguish Henson trusts from others. One is ownership. “In a normal trust, the money belongs to the beneficiary. That is not the case in a [...]

Real Estate, Estate Planning, Estate Administration Lawyer

Ian Speers, Real Estate, Wills, Estate Planning, & Estate Administration Lawyer TORONTO REAL ESTATE LAWYERS Real Estate, Wills, Estate Planning, & Estate Administration  Through an integrated team approach and personalized quality service, Ian Speers, real estate lawyer at Makooli Prekupec LLP is able to creatively achieve results in various real estate matters. Residential Real Estate Commercial [...]

Corporate, Estate, Tax Planning Lawyer Toronto

Gregory Prekupec, Corporate, Estate, Tax Planning Lawyer Toronto GREG PREKUPEC TAX PLANNING, ESTATE PLANNING, CORPORATE LAWYER TORONTO  Corporate, Estate, Tax Planning  TRUSTS AND ESTATES Gregory Prekupec, corporate, estate and tax planning Lawyer at Makooli Prekupec LLP understands the importance of asset protection, from both an individual and business standpoint. It is vitally important to be [...]

ESTATE PLANNING – THE IMPORTANCE OF A WILL

ESTATE PLANNING – THE IMPORTANCE OF A WILL

THE IMPORTANCE OF A WILL – by IAN SPEERS Wills form an important part of any estate plan, even of the most basic form. At the simplest level, without a valid will, you have no control over how your possessions will be distributed on your death.  Someone who dies without a will is said to [...]

Protectors: Panacea or Problematic

By: Gregory M. Prekupec Makooli Prekupec LLP  When establishing a trust for whatever purpose, the settler is often hesitant to relinquish all means of control of the property to be transferred into the trust, and ultimately the hands of the trustee.  It is for this reason that the position of the “Protector” in relation to [...]

THE FUNDAMENTALS OF A VALID TRUST

THE FUNDAMENTALS OF A VALID TRUST

TYPES OF TRUSTS Express Trusts – are expressly, voluntarily and intentionally created by the Settlor. These can be created in three ways: inter vivos voluntarily executing a Deed of Settlement, transferring the assets to the Trustees. Inter vivos transferring the assets to the trustees and the trustees executing a Declaration of Trust whereby they acknowledge [...]

Trusts & Estate Planning

Trusts & Estate Planning

Of concern to every individual should be planning for the future. It is important to ensure the security of your wealth and that of your family. Making money is not easy, so every effort should be taken to safe guard it from attacks by any third party claims. At Makooli Prekupec LLP we work with [...]

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