Archive for the ‘Estate Planning’ Category

Application For Directions – Breaking The Impasse

Wednesday, May 4th, 2016

Being a trustee is not easy. Sometimes trustees need some help. In those cases, the trustee (or trustees) may apply to the court for directions (see for example, rules 74.15 and 75.06 of the Rules of Civil Procedure, section 60 of the Trustee Act, and subsections 39(1) and 68(1) of ...

Provincial residency of a Trust

Tuesday, May 3rd, 2016

The Canada Revenue Agency (CRA) was asked if there was any change to their view regarding the application of the central management and control (CMC) test in establishing the residency of a trust for provincial income tax purposes in light of the decisions in Discovery Trust v. Canada and Boettger ...