Technology sometimes produces unanticipated consequences. Witness Canada Revenue Agency. To its credit, CRA has implemented secure, mostly user-friendly technology over the past 20 years. For charities this includes online accounts and user-friendly “checklist” tools for charities. Unfortunately, these features sometimes create a special set of challenges for registered charities and…
Tag: Testamentary Charitable trust
Total 2 Posts
From the 19th century to about 1990, the testamentary charitable trust was an important estate planning structure. These trusts are part of the will and are funded after death from estate assets. At one time, testamentary trusts were the primary way for an individual to support one or more charities…