Keith Masterman, LLB, TEP is vice-president, Tax, Retirement and Estate Planning at CI Investments. He can be reached at firstname.lastname@example.org.
Find out if they're right for your client
What clients must know about these unique trusts
Estate trustees are fiduciaries
Can a person acting under a PoA make gifts or change beneficiary designations?
It's important for trustees and advisors to understand the applicable investment rules for trusts.
It’s not always simple to determine a residence’s status for tax purposes
Segregated funds are often seen as useful for minimizing potential estate administration fees.
The courts have ordered proceeds to be paid to someone other than the designated beneficiary.
Many people do not realize that a trustee faces a myriad of legal and fiduciary responsibilities.