Uses of Trusts in Estate Planning - Stewart McKelvey

More documents

Recommendations

Info

Spousal Trusts (Cont’d) • Can elect out of the spousal rollover provisions if, for example, the property transferred would otherwise qualify for the $750,000 enhanced capital gains exemption for qualified small business corporation shares
Testamentary Trusts • Established in the settlor’s will at the time of her death • Assets pass through the settlor’s estate, but are then transferred to or held by the trustee of the testamentary trust • Probate tax (approximately 1.5% in Nova Scotia – about 3 times more than in PEI) is payable on those assets
Page 1 and 2: Uses of Trusts in Estate Planning C
Page 3 and 4: What is a Trust? • A legal relati
Page 5 and 6: What is a Trust? (Cont’d) • Per
Page 7 and 8: Taxation of Trusts • Detailed and
Page 9 and 10: Taxation of Trusts (Cont’d) • I
Page 11 and 12: Inter Vivos Trusts • Any trust cr
Page 13 and 14: Family Trusts • Not a defined ter
Page 15 and 16: Family Trusts (Cont’d) • Truste
Page 17 and 18: Alter Ego and Joint Partner Trusts
Page 19 and 20: Alter Ego and Joint Partner Trusts
Page 21: Spousal Trusts (Cont’d) • Alter
Page 25 and 26: Testamentary Trusts (Cont’d) •
Page 27 and 28: Testamentary Trusts (Cont’d) - To
Page 29 and 30: Insurance Trusts (Cont’d) • If
Page 31 and 32: Insurance Trusts (Cont’d) • Pol
Page 33 and 34: RRSP Trusts • Similar principles
Page 35 and 36: RRSP Trusts (Cont’d) • As a res
Page 37 and 38: Seeding Trusts • Another form of
Page 39 and 40: Conclusion • A properly structure
Page 41: Contact Information Richard Niederm

Uses of Trusts in Estate Planning - Stewart McKelvey

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?