In a recent letter, the CRA was asked whether a testamentary spousal trust could qualify as the graduated rate estate where the spousal trust is comprised of the deceased’s entire estate.
MORE GUIDANCE ON GRADUATED RATE ESTATES
By Katie Ionson
closeAuthor: Katie Ionson
Name: Katie Ionson
Email: kionson@fasken.com
Site: https://www.fasken.com/katie-ionson/
About: Katie Ionson is an Associate at Fasken Wealth Management, Charities and Not-for-Profit Group. As part of her wealth management practice, Katie assists clients with Wills, powers of attorney, trusts, marriage and domestic contracts, and trust and estate administration. She has experience using estate planning to address a variety of client objectives, including income splitting arrangements, asset protection and business succession issues. Katie is engaged in a broad practice in the areas of charities and not-for-profit law, which includes preparing applications for charitable status, assisting clients with transitioning to the new federal or provincial not-for-profit legislation, drafting endowment and gift agreements and advising on administrative and tax-related issues. Email: kionson@fasken.comSee Authors Posts (32) • September 30, 2015
Email: kionson@fasken.com
Site: https://www.fasken.com/katie-ionson/
About: Katie Ionson is an Associate at Fasken Wealth Management, Charities and Not-for-Profit Group. As part of her wealth management practice, Katie assists clients with Wills, powers of attorney, trusts, marriage and domestic contracts, and trust and estate administration. She has experience using estate planning to address a variety of client objectives, including income splitting arrangements, asset protection and business succession issues. Katie is engaged in a broad practice in the areas of charities and not-for-profit law, which includes preparing applications for charitable status, assisting clients with transitioning to the new federal or provincial not-for-profit legislation, drafting endowment and gift agreements and advising on administrative and tax-related issues. Email: kionson@fasken.comSee Authors Posts (32) • September 30, 2015