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 Agreements

Friday, August 26th, 2011

My most recent blogs have explored the possible use of life insurance to completely eliminate the capital gain on death (assuming that sufficient insurance was in place) provided certain stop-loss rules do not apply. Where shares are disposed of today pursuant to a written agreement such as a shareholders ...