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Estate Planning Council of CANADA

Upcoming events - scroll to bottom of page for past events

    • March 07, 2024
    • 2:00 PM (EST)
    • Virtual / Live Online Event / Recording Available
    Register

    Insurance is not a frequent conversation topic for most people. In its simplest elements, you pay premiums to an insurer, and it pays out the face value of the policy on a death. Premium payments are not generally tax- deductible, but proceeds are received tax-free. A business scenario adds a layer or two of complexity. In addition, you need to consider the cost-effectiveness of premium payments and the tax-efficiency of the proceeds payout for your client.

    Business & Life Insurance - Entrepreneurial Risk Managment

    At a minimum, five questions have to be addressed in any insurance discussion between Advisors, including Accountants and Lawyers:

    1. What purpose does this insurance policy serve? In insurance-speak, the ‘risk’ is that a death occurs, and the ‘peril’ is that some economic damage will result. So, what damages are you protecting against?

    2. What duration is the insurance needed for? Put another way, at what point in time will there no longer be a peril/damage to be concerned with, or will it always be there?

    3. Who should own the insurance? This is who pays the premiums. In a personal situation, you may own on yourself, or spouses on each other, or parents on children – and there can be more variations. For a business, particularly when run through a corporation, there are at least as many considerations, including whether to own from within the business/corporation, or outside in personal hands.

    4. Who should receive the proceeds? In some cases the recipient may be the owner, while in others it may be one or more named beneficiaries. In a business situation (again where a corporation may be involved), there can be many steps involved, requiring coordination with other personal and business documents, including trusts, Wills, corporate resolutions and shareholder agreements.

    5. Finally, what amount of coverage is appropriate? This brings it full circle to the economic exchange you have with the insurer. Having asked and answered the preceding questions, you are now ready to turn to quantification, and affordability.

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    Doug Carroll is a Tax & Estate Specialist with Aviso Wealth, a national, integrated financial services company serving the wealth management needs of virtually all of Canada’s credit unions, as well as a range of independent financial organizations.

    In his role, Doug researches case law, legislation and financial media, in order to prepare support material for financial advisors and their clients. Through published articles, financial industry speaking engagements, public seminars and in-person consultations, he assists advisors and their clients who have complex needs, particularly business owners.

    He has held roles in the life insurance and investment industry at both the supplier and distributor levels. Combined with his hands-on experience running an estate planning law practice, he’s able to offer practical insights in personal wealth matters.

    Apart from his legal training, Doug began his working life as a professional conference planner, and has organized and spoken at hundreds of events since the 1980’s on financial planning matters, particularly on tax-informed insurance and investment issues.

    He contributes to and has been quoted in financial industry media including Globe & Mail, National Post, Toronto Star, Montreal Gazette, BNN, CTV, Global TV, TVOntario, 680News, Advisor.ca, Advisor’s Edge Reports, Investment & Insurance Journal, Morningstar, Investment Executive, Advocis Forum, Sirius XM Radio, Daily Hive, & Yahoo Finance.

    Doug holds a Bachelor’s degree in business administration (BBA), a juris doctor (JD, the equivalent of LLB), and Master of Laws (LLM) with a specialization in taxation. He is also a Trust and Estate Practitioner (TEP) and a Certified Financial Planner (CFP), and previously sat on the Board of Directors of the Financial Planning Standards Council, the overseeing body for CFP professionals in Canada.

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    Registration $30

    No charge for Estate Planning Council of Canada Members

    Guests are welcome - this event is for Professional Advisors only.

    Membership Information

    • March 21, 2024
    • 2:00 PM - 3:00 PM (EDT)
    • Virtual / Live Online Event / Recording Available
    Register

    Without an Advanced Care Plan, families often find themselves overwhelmed by complexity when a parent suddenly needs a higher level of care. Advisors will learn what really happens when POAs for property and care take effect.


    We will discuss how important it is to get ahead of it now and start planning. A ‘wait and see’ approach poses substantial risks not only to seniors, but also to families and caregivers. The earlier you take action to understand the options, tap into resources, and openly talk with your family, the more you will save everyone a lot of stress and financial strain. It is import to be proactive and have a positive outlook and the reassurance that, regardless of circumstances, an expanding number of resources are available to guide us through the complexities of senior care with confidence.

    Kristine Anderson - Fern Law

    Marion York - Specialist in Aging and Transitions

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    Registration $30

    No charge for Estate Planning Council of Canada Members

    Guests are welcome - this event is for Professional Advisors only.

    Membership Information

    • April 11, 2024
    • 2:00 PM - 3:00 PM (EDT)
    • Virtual / Live Online Event / Recording Available
    Register

    As many philanthropists have found giving money away can be pleasurable or painful.  It is often more difficult to donate effectively than it is to earn the money in the first place.  Canadian individuals and foundations donate about $30 billion per year – how can one conduct effective due diligence on charities and how easy is it to find relevant information on charities in Canada?


    This presentation will discuss: 

    • All charities are not equal
    • Bad ways to pick a charity
    • Many important elements in understanding a good, effective, reliable and sustainable charity
    • Red flags with charities and how they can avoid embarrassment and involvement with a scam or problematic charity
    • Charity ratings and ratios – how you can be confidently wrong in picking charities
    • Ideas and resources for due diligence
    • How professional advisors can assist clients in making informed charitable decisions
    • Information gleaned by donors and reporters from public filings and why public filings are not always accessible to the public

    Presenter:

    Mark Blumberg is a lawyer at the law firm Blumbergs Professional Corporation (Blumbergs) in Toronto and works almost exclusively advising non-profits and registered charities on their work in Canada and abroad. Mark has written numerous articles, is a frequent speaker on legal issues involving charity and not-for-profit law and is quoted extensively by the media.  He is the editor of a blog, www.CanadianCharityLaw.ca, and created the largest portal of data on the Canadian charity sector, www.CharityData.ca Mark also edits www.SmartGiving.ca, which provides information on due diligence when selecting charities.

    Mark is particularly interested in the regulation of non-profits and charities in Canada, philanthropy, transparency requirements for the voluntary sector, providing accessible information on regulatory issues, and the use of data to make more informed decisions on the charity sector. 

    Mark has a B.A. in Political Science from the University of Toronto, an LLB from the University of British Columbia and an LLM from Osgoode Hall Law School in Tax Law. 

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    Registration $30

    No charge for Estate Planning Council of Canada Members

    Guests are welcome - this event is for Professional Advisors only.

    Membership Information


    • April 25, 2024
    • 2:00 PM - 3:00 PM (EDT)
    • Virtual / Live Online Event / Recording Available

    This session will explain the treatment of human reproductive material and technology in the context of an estate. Specifically, we will explore what this material is, who owns it, how it can be used and by whom after the death of a donor.


    Challenges arise when stakeholders have conflicting interests in the deceased’s reproductive material and any resulting children. Carol will walk through these conflicts, possible resolutions for clients and best practices for planning.

    Carol Willes, B Comm, LLB, MBA, LLM, TEP - Director Estate Planning, BMO Private Wealth

    Carol brings over 30 years of legal experience with 14 years of dedicated wealth and estate planning expertise to her role. Carol came from a combination of private practice in law and consulting for clients from Asia to Europe in the areas of business structuring, succession planning and financing. She has taught both undergraduates and executives at the Queen’s University School of Business and Faculty of Law, in the fields of international business, law and ethics and most recently taught Wills and the Law of Succession to upper year law students at the University of Ottawa.

    Now as Director, Estate Planning at BMO Private Wealth, Carol strives to provide meaningful, client-centered advice and solutions. She helps individuals and their families build a secure and purposeful legacy and find peace of mind in the context of their entire wealth story.

    Carol assists clients from many backgrounds to comprehend their present circumstances and to develop that future legacy. By helping people focus on what is most important to them – their family, their community, financial security and more – she develops distinctive estate planning options for clients as part of an integrated team of wealth planning specialists that supports those clients through their entire life journey.

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    Registration $30

    No charge for Estate Planning Council of Canada Members

    Guests are welcome - this event is for Professional Advisors only.

    Membership Information


Past events - Members can login to the website to access these recordings

February 22, 2024 Pros & Cons of Co-ownership Agreements / Multi-Generational Housing Strategies
February 13, 2024 Member Networking - Capacity Discussion
February 08, 2024 The Two Pillars of Corporate Trust Business
January 25, 2024 The Risks and Opportunity Of Working with Vulnerable Clients
January 11, 2024 Selected Cross Border Financial, Tax & Estate Planning Issues 🇺🇸
December 18, 2023 Member's Holiday Social - 2024 Planning Discussion
December 13, 2023 Estate Planning for Families with Ties to Mexico
December 07, 2023 Charting a Path to Minimize Potential Retirement Risks - using appropriate retirement planning tools, flexibility and cashflow
November 21, 2023 Year End Tax Update with Jamie Golombek
November 15, 2023 Information Session
November 09, 2023 Medical Assistance in Dying - Old and New Challenges
November 01, 2023 Member Networking / Discussion - Will Storage & Electronic Wills
October 26, 2023 Digital Assets and Your Estate: Is Your Estate Plan Complete?
October 12, 2023 Tips For Dealing With Trusts From Different Canadian Jurisdictions
October 04, 2023 Member Networking - UHT Discussion
September 28, 2023 Indigenous Trusts, Wills & Estates
September 20, 2023 Quebec Successions in Civil Law + Estate Planning for France
September 14, 2023 Planning for the Future of Someone with a Disability
August 23, 2023 The Estate Freeze - Pitfalls, Thoughts & Opportunities
July 12, 2023 Summer Camp: Email Management For Advisors
June 22, 2023 Income Tax Planning for Farm Succession
June 14, 2023 Member Networking Event
June 08, 2023 Navigating Donor Advised Funds in Estate Planning
May 31, 2023 Estate Planning for Clients with Ties to India
May 25, 2023 Maximizing Estate Value: A Comprehensive Guide to Estate Bonds
May 11, 2023 Exploring Technology – New Resources for your Estate Planning Practice
April 20, 2023 CDIC and Deposit Insurance Protection for Deposits Held in Trust
April 06, 2023 International Asset Tracing: An Investigator's Perspective
March 23, 2023 Transferring Values Before Transferring Wealth
March 15, 2023 Member Networking Event
March 09, 2023 A Day in the Life of a Professional Executor
February 23, 2023 Double and Triple Taxation Risk on Death of a Business Owner
February 22, 2023 Information Session
February 15, 2023 German Inheritance Law and Tax
February 09, 2023 How To Fight Fraud & Current Trends in Scams and Frauds
January 26, 2023 Guide to Advance Care Planning
January 12, 2023 All About Estate Planning - Super Event
December 13, 2022 Member's Holiday Social
December 08, 2022 Who Is The Spouse and Why Is That Important? A Look At Definitions Across Canada
November 30, 2022 Estate Planning for Clients With Ties to Hong Kong
November 23, 2022 Practical Valuations for Estate Planners
November 08, 2022 Gifting Private Company Shares
October 27, 2022 An Accountant's Perspective of Estate Planning & Overview of Estate Tax Returns
October 19, 2022 Member Networking Event
October 13, 2022 The Basics (and not so basics) Of Trusts
September 29, 2022 Preparing for Estate Mediation
September 15, 2022 After The Exit: How Entrepreneurs Transition To The Next Stage
August 24, 2022 Estate Planning & Structuring Opportunities to Minimize Tax
July 13, 2022 Summer Camp - For Estate Planning Creatives
June 23, 2022 UK Inheritance Tax and Estate Planning
June 22, 2022 The Basics of Crypto Currency and Taxation
June 09, 2022 Cross Border Estate Planning and Tax Overview
June 01, 2022 Members Networking and Forum
May 26, 2022 Negotiation Skills Workshop
May 12, 2022 The Big Picture on Investor Attitudes and Expectations
May 04, 2022 2022 Budget and Economic Update
April 28, 2022 Working When Older - Pension Related Q & A
April 07, 2022 Inclusive Investing - Canadian Centre for Elder Law
March 30, 2022 Is Crypto another .Com? International Planning for Crypto Assets
March 24, 2022 The Family Constitution - The Missing Link
March 10, 2022 How The World Can Adapt To A Riskier Future
February 24, 2022 Talking About Insurance - with an Actuary
February 10, 2022 Avoiding Probate: A Cross-Canada Toolkit
January 27, 2022 Estate Planning for Art & Collectibles
January 13, 2022 Long Term Care - The Good and The Bad
December 15, 2021 Member Social Event - How to be an Influencer
December 09, 2021 Culturally Sensitive Estate Planning
December 01, 2021 Estate Planning for the US & International Client
November 23, 2021 Year End Tax Update
November 17, 2021 The Changing Landscape of MidLife and What it Means for Future Planning
November 09, 2021 Cross-Border Planning and International Estate Governance Issues
October 28, 2021 New Perspectives on Charitable Giving
October 14, 2021 Understanding Capacity Assessments and Their Limitations
September 30, 2021 How Do You Use Beneficiary Designations In Estate Planning?
September 16, 2021 Corporate Insurance Transfers + Resulting Trusts
August 25, 2021 Emotional Intelligence for Successors
July 28, 2021 Summer Book Camp - Marketing
July 21, 2021 Adventures in Publishing - Canada's Best Selling Estate Planning Author
June 22, 2021 Summer Networking Event for Estate Planning Council Members
June 17, 2021 A Day in the Life of UBC Planned Giving and Estate Administration Professionals
June 03, 2021 Transition Planning For A Family Farm Business
May 20, 2021 A Collaborative Approach to Estate Planning - How does it all work?
May 06, 2021 Aging In Place - A Plan To Live
April 22, 2021 Embracing Technology– The Latest Advances in Estate Planning For Your Practice
April 08, 2021 Banton Trusts – Predator Proof Your Legacy
March 25, 2021 Stacking Lifetime Capital Gain Exemptions Using a Trust - the good, the bad, and the ugly
March 11, 2021 The Spiritual Practice of Estate Planning
February 18, 2021 Health Care Decision Making: Legal Rights of People Living with Dementia
February 04, 2021 2021: Anticipating A Tidal Wave of Insolvencies --- How Will Your Clients be Affected?
January 21, 2021 How Do You Build Your Practice and Specialize in High Net Worth Clients?
January 07, 2021 Do Your Clients Have U.S. Assets & Investments?
December 10, 2020 Pension Lump Sum Settlements
November 26, 2020 How to Safeguard Your Senior Clients from Investment Abuse
November 18, 2020 Healthy Aging - Discover Yoga Event for Advisors
November 05, 2020 Mom, Dad & The Oldest Daughter
September 24, 2020 Older and Vulnerable Clients - the Emerging Regulatory Landscape in Canada
July 23, 2020 A Gerontologist's Guide on Care Homes and Planning for Choice
July 16, 2020 Best Practices Session - Innovative Virtual Ways to interact with clients

About EPCC

We promote cross-education, referrals and connection for the broad spectrum of Estate Planning and Estate Administration Professionals and foster a collaborative approach to all planning and share best practices.

We link and support Estate Planners across Canada and represent a global community online.



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