Testamentary, inter vivos, insurance and alter ego trusts are all effective vehicles for a variety of planning needs. There’s another type that’s rarely used: the blind trust. If you reel in a client who needs it, you’ll be doing well.
There’s new wealth being created within aboriginal communities across Canada thanks to specific claim settlements, resource sharing, and gaming revenues.
The roles and responsibilities of trustees.
Comments are now open on the Budget 2013 proposal to eliminate the tax benefits of trusts and certain estates, which are taxed at graduated rates.
The 2013 Budget introduced a slew of changes to tax rules in an attempt to plug loopholes.
Legacy: everybody has a different idea of what it looks like. But excessive taxes, legal hassles or family conflict shouldn’t be part of it.
The Federal Reserve is committed to keeping interest rates at record lows through 2015, but with the right strategy it’s still possible to increase savings and even income from trust accounts, according to John A. Pavela, vice president and senior portfolio manager at BMO Private Bank, and John W. Tinnemeyer, vice president, director and wealth advisor, BMO Private Bank.
Trusts are important estate planning tools your clients may benefit from. Use these articles to brush up on your understanding of different types of trusts and whom they’re appropriate for.
More than half of Canadians (55%) have written a will, but very few have included trusts as part of their estate plans, says a new CIBC poll. This is a mistake, since they have countless benefits for your clients.
Women are more likely to have kids in their late 30s than they are in their early 20s. If clients delay parenthood, how does that impact planning?