Testamentary trusts – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Mon, 06 May 2024 18:44:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Testamentary trusts – Investment Executive https://www.investmentexecutive.com 32 32 Tax group asks feds to allow deemed sales ahead of capital gains change https://www.investmentexecutive.com/news/industry-news/tax-group-asks-feds-to-allow-deemed-sales-ahead-of-capital-gains-change/ Mon, 06 May 2024 18:44:59 +0000 https://www.investmentexecutive.com/?p=485299 Taxpayers have been given too little time to plan next steps, CBA-CPA joint committee says

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]]> Navigating changes to testamentary trusts https://www.investmentexecutive.com/in-depth_/special-reports/navigating-changes-to-testamentary-trusts/ Fri, 20 Oct 2017 17:35:00 +0000 https://avatar.investmentexecutive.com/uncategorized/navigating-changes-to-testamentary-trusts/ Kevin Wark explains how to navigate the 2016 tax changes to testamentary trusts

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]]> Testamentary trusts will still be useful despite impending tax changes https://www.investmentexecutive.com/news/industry-news/testamentary-trusts-will-still-be-useful-despite-impending-tax-changes/ Thu, 01 Oct 2015 13:20:00 +0000 https://www.investmentexecutive.com/uncategorized/testamentary-trusts-will-still-be-useful-despite-impending-tax-changes/ Even though testamentary trusts will be taxed at the top tax rate next year, there are ways to use them effectively for clients, according to a tax and estate-planning expert

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]]> Testamentary trust changes to alter estate planning https://www.investmentexecutive.com/news/industry-news/testamentary-trust-changes-to-alter-estate-planning/ Thu, 18 Jun 2015 18:40:00 +0000 https://www.investmentexecutive.com/uncategorized/testamentary-trust-changes-to-alter-estate-planning/ Trust and estate practitioners are waiting for Finance Canada to provide more clarity regarding the legislative changes

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]]> Navigating the new rules for testamentary trusts https://www.investmentexecutive.com/in-depth_/special-reports/navigating-the-new-rules-for-testamentary-trusts/ Tue, 07 Apr 2015 20:15:00 +0000 https://www.investmentexecutive.com/uncategorized/navigating-the-new-rules-for-testamentary-trusts/ Despite changes to the tax treatment of testamentary trusts, experts say they still have benefits

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]]> Testamentary trusts still valuable tools https://www.investmentexecutive.com/in-depth_/special-reports/testamentary-trusts-still-valuable-tools/ Tue, 10 Jun 2014 17:30:00 +0000 https://www.investmentexecutive.com/uncategorized/testamentary-trusts-still-valuable-tools/ Despite tax changes, these trusts can be useful in certain estate planning scenarios

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]]> Budget 2014 hits trust tax planning hard https://www.investmentexecutive.com/inside-track_/jamie-golombek/budget-2014-hits-trust-tax-planning-hard/ Mon, 17 Feb 2014 14:00:00 +0000 https://www.investmentexecutive.com/uncategorized/budget-2014-hits-trust-tax-planning-hard/ The feds have eliminated two commonly used tax planning techniques involving trusts

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]]> Budget 2014: End of graduated rates for testamentary trusts https://www.investmentexecutive.com/in-depth_/special-reports/budget-2014-end-of-graduated-rates-for-testamentary-trusts/ Tue, 11 Feb 2014 23:05:00 +0000 https://www.investmentexecutive.com/uncategorized/budget-2014-end-of-graduated-rates-for-testamentary-trusts/ Jamie Golombek, managing director, tax and estate planning, CIBC Private Wealth Management, reports that the Budget 2014 proposes an end to graduated rates for testamentary trusts. He asserts these trusts are still an important vehicle for clients under the proposed new structure. He spoke from the Budget 2014 Lockup in Ottawa.

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]]> Feds eliminate graduated rates on testamentary trusts https://www.investmentexecutive.com/in-depth_/special-reports/feds-eliminate-graduated-rates-on-testamentary-trusts/ Tue, 11 Feb 2014 22:10:00 +0000 https://www.investmentexecutive.com/uncategorized/feds-eliminate-graduated-rates-on-testamentary-trusts/ Proposed changes are largely in line with those the government proposed in a consultation paper it released in June 2013

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]]> Will graduated tax rates for trusts be eliminated? https://www.investmentexecutive.com/inside-track_/jamie-golombek/will-graduated-tax-rates-for-trusts-be-eliminated/ Mon, 11 Nov 2013 11:00:00 +0000 https://www.investmentexecutive.com/uncategorized/will-graduated-tax-rates-for-trusts-be-eliminated/ The government is open to comments from the public on its intention to tax testamentary trusts at the highest marginal tax rate until Dec. 2

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