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Keyword: Trusts

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41791403 - red carpet event with spotlights award ceremonypremiere

O’Sullivan Estate Lawyers, RBC Wealth Management both honoured

  • By: IE Staff
  • October 11, 2019 November 12, 2019
  • 14:08
tax calculator with red button

Reps of the government agency fielded queries about taxation and cross-border issues at STEP roundtable

skyline of downtown montreal

Firm aims to broaden offering with estate, trust and power of attorney services

  • By: IE Staff
  • May 6, 2019 October 17, 2019
  • 11:27
Supreme Court of Canada building in Ottawa

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

  • By: Leah Golob
  • January 12, 2018 February 14, 2019
  • 10:30

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

This type of trust can be especially useful for clients with blended families

For clients 65 and older, these living trusts can provide a number of important advantages