Trusts are an important component of many tax and/or estate plans. As lawyers who focus on tax and estate matters, we advise our clients with respect to options to make effective use of trusts in their personal, corporate and family tax and estate plans. Such planning may involve, among other objectives, business succession planning, inheritance planning, charitable gifting, planning for trust beneficiaries with special needs, planning involving non-resident beneficiaries and minimizing income tax and estate administration tax exposure.
Properly implemented, trusts can be invaluable tax planning tools for both tax and non-tax reasons. Failing to properly structure and settle a trust, however, can create avoidable and potentially enormous tax and non-tax issues, liabilities and headaches for taxpayers.
Our tax lawyers are experienced in the circumstances in which it may be appropriate to settle, as well as the planning and settlement of family trusts, living trusts, housing trusts, Henson trusts, insurance trusts, alter-ego trusts and joint partner trusts.
CCSB tax and estate lawyers are trusted by accounting professionals and financial planners, domestic and international, to advise individuals, entrepreneurs, family businesses, large corporations, foreign investors and their advisors on trust matters.