Capital gains not flowed out to beneficiaries are "trapped" in the trust at death
Feds won't change tax treatment for REITs, and the status of other major tax proposals from the Trudeau government
Ontario courts have the power to validate unsigned, unwitnessed documents as wills, raising risks for executors
Core issue is ownership of the dog, which is considered property
Ensure an equitable estate distribution among beneficiaries who received earlier gifts and advances
Advisors can help clients avoid potential complications
In a client scenario, an advisor fails to plan for an estate’s tax liabilities
Help clients prepare for a serious illness
Despite concerns about saving, only 13% of respondents recently consulted an advisor
Although there are tools to help, financial advisors still say it’s best to maintain updated information