Katie Holmes has forcefully denied recent claims made by the Daily Mail that her daughter, Suri Cruise, has gained access to a substantial trust fund from her father, Tom Cruise. The Dawson’s Creek actress took to Instagram to call out the report as “completely false,” adding, “Daily Mail, you can stop making stuff up.” Holmes … Read more
A dramatic inheritance dispute involving an £800,000 ($970,000) estate has reached London’s High Court after Carry Keats, a 92-year-old pensioner from Nomansland, Wiltshire, tore up her will on her deathbed, leaving her relatives to fight over her fortune. The family feud has pitted five of Keats’ cousins against her younger sister, Josephine Oakley, over the … Read more
The family of the late CEO of Access Bank Holdings Herbert Wigwe has responded to allegations of a raging family dispute over the iconic banker’s estate. Several online platforms reported on Saturday that Herbert’s father, Shyngle Wigwe, is at the centre of the alleged dispute regarding the distribution of his late son’s estate. Mr Wigwe … Read more
A 74-year-old woman and her husband of nearly 30 years have a combined net worth of $7 million. As the couple prepared their estate plans, the woman struggled to come to terms with the money-savvy husband’s decision to divide their net worth equally between their two boys. She explained her confusion in a recent MarketWatch … Read more
TD Bank Group, which is mired in a money-laundering scandal in the U.S., said Raymond Chun will replace chief executive Bharat Masrani, who is retiring next year. Chun, who stepped into the role of head of Canadian personal banking last December, will become chief operating officer on Nov. 1 before taking over the top job … Read more
The woman plans to return to the US if the husband passes away first. Tima Miroshnichenko/Pexels.com A 73-year-old woman travelled across the Atlantic three years back to marry and live with his European husband, who is 76. She has a grandchild and grown-up children in the US from her previous marriage, who are financially well-off. … Read more
Canadian home sales increased 1.3 per cent on a month-over-month basis in August, though monthly activity was down 2.1 per cent from the same time a year ago, the Canadian Real Estate Association said on Monday. The association said that a second interest rate cut from the Bank of Canada in late July gave another gentle boost … Read more
A pair of Toronto lawyers accused of embezzling nearly $7 million from real estate clients has been found in contempt of court for failing to hand over financial records and answer questions about where the money went. Singa Bui and her husband Nicholas Cartel face penalties that could include fines or even imprisonment, and will … Read more
Canada’s foreign affairs minister and the consul general in New York did not influence or direct the purchase of a luxury $9 million residence in the city, a Commons committee was told Wednesday. MPs also heard that the property, which will serve as the official residence for the consul general of Canada in New York, is 50 … Read more
A Surrey, B.C.-based property developer and its director have been ordered to pay nearly $100,000 by the province’s real estate regulator for causing “consumer harm.” The B.C. Financial Services Authority (BCFSA) said Halcyon Point Development and its director Dale Tortorelli are both liable for failing to provide purchasers with a disclosure statement and for putting … Read more
