CBA Wills, Estates and Trusts Online Symposium (Recordings)
Presented by the CBA Wills, Estates and Trusts Section
November 25, 2022 | 11:00 AM - 3:00 PM
(Times listed in Eastern Time)
Registration Fees
Common but Misunderstood Assets in the Estate Planning Context
While no two estate planning clients are the same, their bundle of assets are often similar.
Most individuals across Canada hold one or more of the following: Registered Disability Savings Plan (RDSP) for a child or grandchild, Registered Education Savings Plan (RESP) for a child or grandchild, segregated funds, mutual funds, the Royal Bank of Canada’s Joint Account with Gift of Beneficial Right of Survivorship, Registered Retirement Savings Plan/Registered Retirement Income Fund (RRSP/RRIF), Tax Free Savings Account (TFSA) and Life Insurance.
Solicitors and litigators alike recognize these assets as “common” in the estate planning context; however, there’s often confusion around what the asset is, how it is dealt with, and the tax implications, on death, how it differs from other assets and how it can be incorporated into an individual’s estate plan.
Gain a thorough understanding of each of these assets from recognized experts from across the country.
Friday November 25, 2022 | 11:00 AM – 3:00 PM ET
| TIME |
EVENT |
| 11:00 am–12:00 pm |
An Overview of the Registered Disability Savings Plan (RDSP)
What is a Registered Disability Savings Plan? Why was it created? How is it established, and what happens when the RDSP holder becomes incapable or dies?
Speakers:
Liss Cairns, Plan Institute
Moderator:
Brooke Fernandes, BKS Law
|
| 12:00 pm–12:30 pm |
Break
|
| 12:30 pm–1:30 pm |
An Overview of Registered Retirement Savings Plan/Registered Retirement Income Fund (RRSP/RRIF), Tax Free Savings Account (TFSA) and Life Insurance
RRPSs/RRIFs, TFSAs and Life Insurance are common but misunderstood assets. Learn what they are, how they may or may not be addressed in an individual’s will, the tax implications on death, the use of stand-alone designations and the impact of relevant legislation on these assets. Gain valuable insight as senior counsel review real world scenarios related to these assets in both the planning and administration contexts.
Speakers:
Barry Corbin, Corbin Estates Law
Moderator:
Lindsey Louro, McLeod Law
|
| 1:30 pm–2:00 pm |
Break
|
| 2:00 pm–3:00 pm |
An Overview of Registered Education Savings Plan (RESP), Segregated Funds, Mutual Funds, and the Royal Bank of Canada’s Joint Account with Gift of Beneficial Right of Survivorship
Sponsor
Get an investment advisor’s perspective on common assets in estate planning. Hear how a financial institution distributes an RRSP when the holder dies, and a big tax bill is looming. What advice does a financial advisor give when an attorney acting under a power of attorney wants to move funds out of a segregated fund? Learn about the pros and cons of segregated funds, mutual funds and RESPs and how they are handled at death. You will also get a detailed overview of RBC’s joint account with gift of beneficial right of survivorship including why RBC created it, how it works and what happens on death
Speakers:
Nick Milau, RBC Dominion Securities
Justin McKenzie, RBC Dominion Securities
Moderator:
Melissa Saunders, Tupman & Bloom LLP
|
Registration fees for the entire 1-day symposium
CBA Members: $179
CBA Young Lawyer Members (<5 years): $139
CBA Student Members: $79
Non-Members: $349
Government: $259
Plus applicable taxes
Group Rates For Firms / Organizations
5 – 9 registrants = 10% discount
10 – 19 registrants = 15% discount
20+ = 20% discount
To take advantage of the discount, please contact: pd@cba.org
Unless otherwise specified, sessions will be presented in English.
Registrants will receive on-demand recording(s) following the symposium.
