Estate Planning

As fellow bloggers have noted, the Society of Trust and Estate Practitioners held its annual national conference in Toronto on June 9th and 10th. Each year, one of the most anticipated sessions is the Canada Revenue Agency (“CRA”) Roundtable. Question No. 4 at this year’s Roundtable concerned the interplay between the preferred beneficiary election (“PBE”) and the qualified disability trust (“QDT”). I have in a previous blog outlined the requirements….

Today’s blog was written by Elaine Blades, TEP Last week I had the pleasure of attending/presenting at STEP Canada’s 18th National Conference.  I was joined by over 700 trust and estate professionals from across Canada. STEP members come from a variety of professional backgrounds:  law, accounting, insurance, trust industry and financial planning.  The common denominator is expertise, work and ongoing education in the trusts and estates “profession”. The diversity of….

On death you might say that Canada is a tax haven. Unlike our neighbours south of the 49th parallel, we are not subject to an estate or inheritance tax on death. We are, however, subject to an income tax which while still a tax, is generally less than an estate or inheritance tax…..