The Practical Framework-Responding to Common Estate Issues when Representing the Older Client

• Author: Brian A. Schnurr
• Pages: 17-23



ThePracticalFramework

RespondingtoCommonEstateIssues

whenRepresentingtheOlderClient

BrianASchnurrCS*



Themain areasof estatelegalser viceswhich giverise tomedicallegal

considerationsare

 InterVivos Gif ts

Frequentlyaclientwishesto makeag iora forgivableloantoa close

relativeusuallyachildratherthanleavinga llofthe giing tooccur

bywillThetransfermaybegeneralinnaturethatissimplytoenhance

thenancia lsecurity oftherec ipientOrthetransfermay beveryspe-

cicsuchastoprovideassistanceforthepurchaseofahousebyachild

andthec hildsspouseAnotherrecu rringand problematicscenariore-

latedtogiing isthetran sferofpropertysuch asbankaccountsorreal

estatefromthenameoftheparentintothejointnamesoftheparentand

achildorch ildrenThelawyermusten surethatthe clientunderstands

thedierencebet weenaloananda gianddisc ussionswiththe client

shouldincludethetopicofwhetherornotshewishestohaveanycontrol

overtheapplicationofthefundsIsthetra nsferoffundstobeuncondi-

 MrSchnurrpract isesinthear easofestatelitigationpla nninga ndadminist ra-

tionmentalincapac ityissuesandest atemediationinTorontointhelawr mof

Schnurr K irsh Schnurr Oelbaum Tator LLP.