Archive for the ‘Estate Administration’ Category

TRUST INSTALLMENT REQUIREMENTS, INTEREST AND PENALTIES

Tuesday, August 23rd, 2016

One of the many tasks associated with the administration of trusts is making sure all tax payments are made on a timely basis to protect the trust and its beneficiaries from avoid interest and penalties. In this regard, most trusts are required to make installment payments. Prior to 2016 only inter ...

PASSING OF ACCOUNTS – PART I “WHAT DOES IT MEAN and WHY IS IT NECESSARY?”

Monday, August 22nd, 2016

This Blog was written by: Gosha Sekhon The term “passing of accounts” is thrown around with relative ease amongst industry practitioners. For our clients, however, it is not very obvious on the face of it as to what this process means or why it is required in the course of an ...