The new division will be named Raymond James Trust (Canada)
Frohnsdorf succeeds the retiring Scott Scobie
O’Sullivan Estate Lawyers, RBC Wealth Management both honoured
Reps of the government agency fielded queries about taxation and cross-border issues at STEP roundtable
Firm aims to broaden offering with estate, trust and power of attorney services
Vehicle should not be considered an asset in determining eligibility for subsidized housing, court finds
Beginning in 2021, most family trusts will be required to file tax returns with the CRA even if those trusts don't earn income or make distributions. The CRA also is seeking more information about settlors, trustees and beneficiaries
The CRA recommends trust administrators start filing online because it’s a much simpler and faster process
The proposals concern investment funds, charitable donations and spousal trusts
New tax rules may cause spousal trust assets to be taxed in the hands of someone who does not receive the assets