Articles & Resources
Executors have a high standard to live up to
If you have been appointed as an executor under a deceased’s Last Will and Testament, there are several things to keep in mind. The most important thing to remember, however, is that an executor acts as a “trustee” of the property in the estate and is therefore subject to the highest standard the law can […]
New Rules for Saskatchewan Corporations
Have you incorporated a company under Saskatchewan’s Business Corporations Act? If so, you should be aware of new and upcoming corporate law rules requiring the collection and maintenance of certain information for an “individual with significant control” over your corporation. I say “upcoming” because as of late July, 2021, the new rules have been enacted […]
Structuring a Business Sale – the Pros and Cons
As the current generation of farmers head into retirement, we are more commonly seeing family farms being sold to third parties instead of transferred to the next generation. Aside from determining the purchase price, the most important decision in a sale is how it should be structured. This article will provide a few “big picture” […]
Out With the Old, In With the New – A Look at the Replacement Property Rules
Thinking about selling some of that farmland that is a little too far from home or that just isn’t the right fit for your operation? Have your eyes set on another parcel? If so, you might be able to take advantage of the replacement property rules to defer the capital gain on the parcel you […]
Farmland Transfers to Children Require Advance Planning
The importance of land to a farm, and a farming family, cannot be understated. There is a finite amount of land available and in many circumstances, land remains within a farming family through generations.
Legal separation in Saskatchewan
In Saskatchewan, for family law purposes you do not need to sign anything or take any specific court steps to be legally separated from your spouse. Rather, you decide when you are separated.