Category Archives: Estates and Trusts

Executors' fees again

Posted on September 3, 2008 by John Loukidelis

An executor who receives fees for acting as such must include the fees in income, usually as income from an office (employment income). Can this result be avoided if the fees are called a “legacy” in the will that provides … Continue reading →

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Executors' fees

Posted on April 8, 2008 by John Loukidelis

For quite some time now, the CRA has taken the position that (to quote the Employers’ Guide – Payroll Deductions and Remittances ): Fees paid to executors or liquidators and administrators are either income from office or employment or business … Continue reading →

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Subsection 75(2)

Posted on June 19, 2007 by John Loukidelis

The following article on subsection 75(2) of the Income Tax Act (Canada) appeared in the latest edition of the Hamilton Law Association Law Journal.

Posted in Estates and Trusts, Individuals | 1 Comment

Testamentary Trusts

Posted on April 19, 2007 by John Loukidelis

The following article on testamentary trusts appeared in the latest edition of the Hamilton Law Association Law Journal.

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