The case Grosse v Grosse, 2015 SKCA 68 in the Court of Appeal for Saskatchewan concerns the division of family assets following a divorce. A central issue in this case was whether the husband’s interest in a trust constituted family property; if it was, then the court would also have to decide how to value and divide that interest.
Whether Interest in a Family Trust Count as Family Property
Mr. Grosse and his wife separated after 28 years of marriage. During the marriage, Mr. Grosse worked as a realtor and acquired a large number of income properties, which he and his wife managed together. Mr. Grosse formed a corporation to take ownership of and manage those properties.
Given the large sums involved, the Grosses decided to set up a family trust for estate planning and income tax purposes. Mr. Grosse’s brother was the settlor for the trust; Mr. Grosse was the trustee; and Mr. Grosse, his children and any future grandchildren were named as beneficiaries.
The accountant who coordinated this recommended that Ms. Grosse not be included as a beneficiary for tax reasons.
During the trial, Ms. Grosse argued that the definition of Family Property included his interest in the trust for the purposes of dividing family property.
The court of appeal overturned the lower court’s finding that Mr. Grosse’s interest in the Trust was not divisible as family property. From paragraphs 49-50:
“I find the trial judge in this case erred first in determining that the nature of Mr. Grosse’s interest in the Trust was only a contingent beneficial one. Subparagraphs (b) and (c) of the definition of “family property” also apply. They allow this Court to “pierce the veil” of the Trust and deem the Trust’s assets to be family property for division purposes. Second, he misinterpreted subparagraph (c) of the definition of “family property”. Pursuant to that subparagraph, the Growth Shares, which constitute the property “disposed of” by Mr. Grosse in favour of the Trust, are deemed family property for division purposes. Third, the inchoate contingent beneficial interests of the Grosses’ sons in the Trust do not render an equal division of the Trust property between Mr. and Mrs. Grosse for family property purposes either unfair or inequitable.
Ms. Grosse took the position that it is the Trust’s assets that should be divided. She did not argue that Mr. Grosse’s “contingent beneficial interest” in the Trust pursuant to subparagraph (a) had a value over and above the fair market value of those assets. Accordingly, I have not considered that potential issue.”
Family Trust Law in Canada
While this case took place in Saskatchewan, it reinforces the importance of retaining knowledgeable counsel in any case involving family trusts.
For information on family trusts in Ontario, I would recommend inquiring with a competent family trust lawyer in Kitchener. In my experience, the Kitchener-Waterloo region has the highest concentration of skilled legal professionals outside the Greater Toronto Area.
The Internet is considered the most widespread and ground-breaking creation in the field of technology. The internet is the place where all kinds of info exists and can be found. Even communication methods are feasible using the internet. The world has become dependent on the internet owing to its huge benefits. It can be bad but good in many ways. That also can help us to be more productive in life. It can be in any field, like a successful business, popular public figure (influencers in different fields) and more.
Here are some advantages of the internet:
The main advantage of the internet is that it is the quickest communication than other devices. Communication can be in many different styles. It can be a voice call, video call, emails etc. All this is possible through the use of the internet. it’s accessible everywhere on the globe.
The internet is becoming the source of all information. You can find data all over the web. It can be simply accessed and may be searched for additional knowledge for further information. Learning is made to be easy. Easily searchable educational topics include politics, market sales, stocks and shares, new creations, trending news, latest gadgets and more.
The internet has currently become an area of education. Education like homeschooling is well meted out by the internet. Teachers can transfer their teaching videos on the web and are accessed by their students or individuals across the globe.
The internet is currently the foremost form of recreation. You can access movies, songs, videos, games and many more the without charge. Social networking is additionally attainable through the use of the internet. Hence, there’s a lot of recreation that’s accessible online within the web.
Social networks are the way of sharing data to individuals across the globe. Any job vacancy, emergency news, ideas etc. are shared within the website and the info gets passed on quickly. Conjointly, the social networking websites are accustomed to simple communications. Example: Facebook, Twitter, Instagram, etc.
Business Online (E-Commerce)
All business deals can be supported on the internet like dealing with cash etc. this can be known as E-commerce. The online reservations, online ticket booking for flights, concerts, movies etc. can be done in a simpler manner. It saves time. Online searching is currently the newest trend in the internet world wherever product from dresses to family furnishings is out there at doorstep.
The Greater Toronto Area includes the City of Toronto and surrounding cities Ajax, Brampton, Burlington, Markham, Mississauga, Newmarket, Oakville, Pickering, Richmond Hill, Uxbridge, Vaughan, and Whitby. In some circles, Hamilton and Stony Creek are also considered a part of the GTA; however, this information pertains primarily to the cities bordering Toronto.
Cost of Air Conditioning in Toronto and Greater Toronto Area
The cost of air conditioning depends on the type of air conditioner used (central air vs. room air conditioners) and the size or cooling capacity of the air conditioner (measured in tons or BTUs per hour).
According to Toronto Hydro, the average monthly costs of running central air conditioning services in Toronto and the GTA is $112.95 for a 2.5-ton unit. Central air systems that rely on a furnace fan to distribute air comes with an addition cost of $27.11 for continuous fan or $6.02 for an intermittent fan.
Room air conditioners (such as window and portable air conditioners) are more affordable, at $28.24 per month or $39.53 per month for a 6,000 or 9,000 BTU unit respectively. However, these types of air conditioners are less powerful and suitable for cooling a single room only.
Cost of Heating in Toronto and Greater Toronto Area
Since the cold season lasts longer than summer, the costs of heating in Toronto and the GTA are typically higher than cooling even during the hottest summers.
There are numerous heating options available in Ontario, including electric, oil, and gas heating, heat exchangers, and block heaters. The average monthly cost of heating varies greatly between these options:
Block heater – $8.07 per month
Electric heater – $48.41 per month
Furnace with intermittent fan – $6.02
Furnace with continuous fan – $27.11
Oil furnace – $5.38
Heat exchanger – $6.86
Reducing Heating and Cooling Costs in Toronto and the GTA
There are many small ways to reduce the cost of heating and air conditioning in Toronto and the GTA. The most effective measure is to install an energy-efficient furnace and air conditioner.
ENERGY STAR-certified central air conditioners use 8% less energy than their standard counterparts. Efficient furnaces are up to 15% more energy efficient than standard furnaces.
Selecting the right size furnace or air conditioner requires an accurate calculation of a home’s heating and cooling loads. This is not a do-it-yourself job. Contact a reliable provider of furnace and central air conditioning services in Toronto and have a technician visit your home for an assessment.
Traveling is exciting, especially if you are going somewhere you love and have been planning for. If this is your first time abroad or if you just need a recap of the things you should not forget during the trip then read on!
Here are the 10 important things to bring when traveling abroad:
Medical certificate and prescribed medicine. In case you are on medication, make sure to bring your prescription and some medicines you need. To avoid confusion by the officers in the airline and prevent you from buying or looking just to buy what medicines to take when you need.
Bring and leave a copy of your passport. Consider making a hard and electronic copy of your passport. Always bring a copy with you and leave a copy at home. This is just for emergency Like your passport gets stolen or just lost it.
Passport and Visa. There is some country that doesn’t require a visa but you should always bring your passport with you. Secure it, make sure you have easy access when needing it and never ever give it to anyone.
Money, Debit, and Visa Card. For the money, just bring the allowable Know also the conversion rate of the country you are going too. Have your money exchange when you reach your destination. Local cash comes in handy. Make sure your credit or debit card will work in the country you’re visiting. Get EMV card for hassle free transaction abroad.
Plane Ticket. Must be a round trip. So you know when to leave and come back to your country.
Buy guidebooks. It includes the map, keywords or phrases used in a certain country, enough details to save you on the things you don’t know. Also, download the apps needed before going abroad. To prevent downloading charges to your wireless provider.
Plan ahead of time. Your place to stay, places you wanted to visit in that country, the best events happening during your stay and a few national dishes you want to try. To max out and fully enjoy your stay in a specific country.
Always bring your mobile phone for communication purposes, apps you use and social media. Charger, extra battery and power bank to prevent a low battery. Camera, to capture all the places, food and many more during your travel.
Pack your personal belongings. Toiletries, clothes, undergarments, shoes, sandals, slippers, blower or straightener and only necessities you need to bring. Remember to pack light. Separate your hand carry to your check-in Make sure you have all you need in your hand carry.
It’s fun when you have food in your stomach while traveling. The hungry feeling will make your trip unlikely happy. Also, it can make sure to bring candy. Candy relieve stomach sickness (acidity).
I’ll never forget the day my grandad collapsed. At first, we thought it was heat stroke. It was a typically hot August day, and we had spent the afternoon outdoors at a local Ribfest. But the ambulance staff quickly caught on to the fact that it was something much more serious, and my grandad was rushed to the hospital.
What followed ended up being a months-long ordeal, including two extended hospital stays, before he finally succumbed to cancer that November. My family was blindsided and completely unprepared.
Since then, I’ve spent a lot of time working with advocates and caregivers for seniors in my job as a writer. I know now there are things my family could have done then to make things easier for everyone, including my grandad.
If your parent, grandparent, or another elderly relative lands in the hospital, there are three things you should do as soon as possible:
1. Start Thinking About Hospital Discharge
It might seem absurd to even contemplate discharge when your loved one has only just been hospitalized. But if they are ever going to leave the hospital, the hospital discharge process is crucial to their recovery.
Discharging someone from the hospital involves so much more than arranging a ride home. You need to know exactly what kind of care your loved one is going to require and the things you will need to do to keep them safe and comfortable in the aftermath. It might require methods you’ve never done before and equipment you don’t yet own.
Planning for hospital discharge will require that you communicate with your loved one’s entire health care team: doctors at the hospital, specialists, nurses, your loved one’s family practitioner and so on. It will also involve insurers and, possibly, legal professionals.
This is not something you can accomplish in a day. It’s literally never too soon to plan for hospital discharge, even if you don’t know when your loved one is coming home. Start planning now, and once you have a timeline, start putting that plan into action.
2. Attend to Your Relative’s Financial Obligations
Money is the last thing anyone should have to think about in this situation. Unfortunately, the bills won’t stop coming in the mail just because your loved one is in the hospital.
My family was lucky to think of this not long after the first hospital stay began, because my grandad had monthly rent and credit card bills to pay.
Depending on the circumstances, this might also be time to think about taking on your loved one’s finances in the long term. It might seem callous to focus on money right now, but it’s so important.
3. Ask for Help
Chances are, you aren’t sure what to do next. You’re dependent on the doctors and nurses right now. But that won’t always be the case. Once your relative gets discharged, you will be responsible for their care, for arranging care from a trustworthy helper.
Don’t be afraid to ask friends and other relatives for help. There are likely services in your area designed to help families in your situation as well.
Having an animal at home is a terrific experience be it a dog, a feline, a chick or a bunny. Bonding with a pet can teach children about togetherness, love, attachment, compassion, duty, sensitivity, and compassion. But it takes effort on the part of parents to teach children to be kind to animals and the best ways to take care of them.
Sometimes there are some parents who don’t feel the need to educate children about looking after animals, nevertheless, this is a mistake. Children who are cruel towards animals typically count on animal, violence and aggression viciousness. On the other hand, when you teach a youngster to be conscious animals, it benefits the child and society as a whole. After all, when we care about animals and others, then we make this world a much better place to live in.
As parents, you need to make your children understand that similar to humans, even animals have sensations. Right here are a few ideas for parents that will certainly assist you establish level of sensitivity in children towards animals.
Provide your kid some tasks relating to the pet. You can ask your youngster to feed the animal. This will certainly impart a sensation of obligation in your youngster. But make sure you assign those duties that your youngster can do quickly. You cannot anticipate him to do such a terrific task if you inform a 5 or 6 year child to clean the floor after the pet has made it unclean. You need to provide children the jobs which they can deal with by themselves.
Pay attention to your child. That’s the most crucial thing parents miss out when raising children. Understand the needs of your kid and act accordingly. Do not presume all’s well even if the youngster seems ‘OK’ to you. Do not wait till the youngster falls under difficulty. Attempt and share your feelings and emotions with your child. This makes the kid feel positive about sharing his/her sensations with you. And above all, always have time to hear exactly what the child needs to state to you.
Sincerity is the very best policy when handling your youngster. Speak honestly about the past, particularly about your ex and the divorce. The kid might have a variety of questions concerning the other parent. Do not speak ill of the other parent unnecessarily, simply to get back at him/her. Be simple and do not lie. Children have a way of getting to know the truth at some time or the other. Explain and answer their concerns according to their level of maturity and age.
One of the best methods to teach your children to be mild towards animals is to be loving towards your pet yourself. When your child will certainly sees how you lovingly take care of the pet, she will ultimately do the very same. Involve your children in activities such as giving a bath to your dog, playing with your pet or take your kid along when you take your pet out for a walk.
Encourage your children to play with the animal. Teach them the best ways to carefully hold the small animals in their arms. In other words, motivate children to bond with the animals.
Caring for animals need to not be limited just to the animals in the house. Compassion needs to be reached other animals too. When raising children with compassion and caring, take your children to the Zoo, aquariums or a natural park or even the regional animal shelter and encourage children to donate pet foods there.
Most significantly, regularly speak to your youngster about the significance of being sensitive toward animals. And read them good books where you discover interesting animal characters, take children to enjoy good, non-violent animal-based motion pictures or reveal them motivational videos which, with the help of lovely pictures and inspiring quotes, inform children how crucial it is to take care of animals. Good parenting advice on raising children with compassion and kindness always guides parents on assisting their children find out the values of compassion and charity. When you join your youngster in developing a bond with animals and animals, you also develop a strong and beautiful father and mother youngster relationship.
Andrew Carnegie is one of the most well regarded billionaires in history. Known for his incredible philanthropy, Andrew donated almost 80% or more of his wealth to institutions like libraries, hospitals, and universities. Carnegie had the belief that the worlds billionaires were responsible for bettering society. He made most of his wealth through the industrial revolution and development of the Steele industry in America. Carnegie built up a revolution during the time when development, factories, and progress were growing with unfathomable speed. The steel industry had a major impact on a number of factors within the development of north America. Firstly, there were the railroads. Railroad development in the mid 1800’s allowed travel times to be cut greatly across the nation. Products and people could travel at a rate that was up to that point unforseen. This dramatically increase the occurrence of national and international commerce- no longer did we need to ship things via steam ships or coal powered tankers- things were dramatically increasing in terms of effective shipping and merchant related things. What most of these factory providers needed to remember was workplace safety, things like training for joint health and safety committees – part 1.
The railroads play a big part in the development of Canada’s west. Now, things could be shipped from asia to Vancouver before being transported across the country to Ontario and the rest of the country. This wasn’t an easy job. Making the railroads fit across the country was expensive and involved a number of organizations both private and public. The government was involved in funding national railways like the Canadian National Railway (CNR) while private railways like the Grand Trunk Railway competed. What ended up happening was that the explosion of railway companies created too many railways too quickly and things ended up being unused. Or at least many railways were not used as frequently as expected – as well not many of these factories implemented services in training for JHSC. So this overarching cost surplus in combination with the surplus of unused rails- Canada’s national economy was severely in debt. Now, not all factories were responsible for this- it was predominately the lack of planning between nationalized and privatized railway projects that lead to this problem.
I’ve been working at my job for over 5 years now and have just now became apprehensive with the work I do. I’m a contractor for an international architecture firm, and I’ve been with them for just over 4 years. I remember loving what I studied and being able to apply what I learned to my job was a dream come true. But now, I’ve found that I don’t appreciate the work I do and have become almost bored of my day-to-day tasks. I wanted to start this blog to share with you my experiences in looking into other fields of profession.
It’s going to be a long ride, and at this point, I have no idea whether or not I’ll stick it out at my current job. My interests are vast and wide, and I’m worried if I decide to switch, how much more studying would I have to do to completely change what I do? I’m also worried that I might get bored of whatever I end up doing next. I guess only time will tell! Stay tuned!