One Hat Too Many: Risks of Overlapping Roles in Family Trusts

A trust is an important estate planning tool which helps control the succession of your assets, provides asset protection and if properly constituted can provide tax benefits. Ontario law does not expressly prohibit the same individual acting as settlor, trustee, and/or beneficiary in the same trust.

Trusts for Seniors

When coming up with an estate plan, we want to give as much as possible to our family and pay as little as possible in tax. This is why if you own real estate or other property and have started thinking about how…