From time to time clients discuss with me the issue of gifting assets to their children and/or their spouse. This act of generosity may result in a taxable situation if the asset has increased in value. The CRA will certainly thank you for your thoughtfulness in contributing […]
Marty's Musings | Law Firm of Martin K.I. Rumack
Your Legal Compass – My Being Here For You
Many clients, real estate agents, lenders, and others have personally experienced the easy manner in which they can reach me when needed; whether at the office, or after business hours including evenings and weekends. Many new clients and their real estate agents have expressed surprise when I provide […]
A Major Change – The Toronto Sports Rebound
For many years I had the chore of writing about our lousy professional teams, management, coaches, and the players. During the last several years, I have been able to report on the gradual improvement we were experiencing with some of our teams.
The Toronto Blue Jays
Estate in Joint Names – Good or Bad?
People are always looking to minimize all types of taxes — from Income Tax, to Land Transfer Taxes, Retail Sales Tax, Corporate Taxes, GST and HST, Estate Taxes, etc. As a lawyer, I always recommend that my clients try to minimize taxes but certainly NOT TO EVADE paying taxes […]