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Joint account at death — a rightful gift or a family obligation? Many aging parents open joint bank accounts with their adult children to make financial dealings easier. But on the parent's death, matters become complicated: is the child the rightful owner of the funds, or are the funds now part of the parent's estate? Lorn Kutner examines two recent Supreme Court cases that provide answers to this question. Please go to http://www.mintzca.com/index.php?section=../eNewsletters/Tax/Dec2007/tax_jointaccount to read more. 'Tis the season for tax planning Much of the tax relief you'll be looking for next April requires action before the end of 2007. Silvia Jacinto discusses ways to maximize your tax-planning strategy and points to consider when planning for 2008. Please go to http://www.mintzca.com/index.php?section=../eNewsletters/Tax/Dec2007/tax_taxplanning to read more. Mintz & Partners | 1 Concorde Gate, Suite 200, North York, Ont., M3C 4G4 | www.mintzca.com Phone: (416) 391-2900 | Fax: (416) 391-2748 | E-mail: info@mintzca.com Tax Alert is an e-newsletter written by the Tax Team of Mintz & Partners LLP. Please go to http://www.mintzca.com/index.php?section=taxdirectory to learn more about our Tax Team. The issues raised are for information purposes only. Readers are urged to contact their professional advisors before acting on the basis of the material contained herein. |