RESIDENCY OF A TRUST – A QUESTION OF MANAGEMENT AND CONTROL

Thursday, September 3rd, 2015

As my fellow bloggers have explained in some detail, there are various tenets governing trusts having legal and tax implications depending on the circumstances. One of these is the location of “central management and control” which the Courts have previously ruled as being the basis for determining residency. ...

Grandfathered insurance policies

Thursday, August 18th, 2011

In my last post I wrote about grandfathered life insurance policies and their role in reducing the overall tax to an estate where the deceased owned private company shares at the time of death. Before the introduction of certain "stop loss" rules, it was commonplace for the estate of the deceased ...