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trust

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Photo of News Corp. Building in New York City

The Murdoch family legal battle highlights a harsh reality: no trust is airtight

Disputes over trusts are all too common, even in Canada. Here are some ways to minimize the risk

September 23, 2024
Estate Planning

As families grow, five ways to transfer ownership of the cottage

The cottage of yesteryear — the remote cabin everyone grudgingly shared – is no longer. High-net-worth families are now investing in sprawling, multi-million-dollar properties in coveted areas. Or…

April 8, 2024
Estate Planning

How to transfer wealth to next generation efficiently using trusts

In estate planning, trusts offer precision control over your wealth and can help reduce tax liability, too

December 12, 2022
Estate Planning

Families with disabled children need ‘financial umbrellas’ to protect them

Trusts keep a family’s assets at arm’s length so children can qualify for social assistance programs

September 16, 2022
Estate Planning

Five smart ways to transfer wealth to your children, grandchildren

The idea that parents or grandparents leave money to family members through their will is becoming outdated

August 22, 2022
Estate Planning

Don’t ignore your collectibles in tax planning. You could be very sorry

More big estate-planning missteps, as witnessed by long-time accountant Mark Goodfield

February 28, 2022
Commentary

Consider it a gift to your family: Using a trust in your will means no surprises later

A testamentary trust can protect family inheritances, especially if the surviving spouse remarries

August 16, 2021
Estate Planning

A living trust can reduce family taxes, minimize disputes

One useful function of these trusts is to split your income among family members who pay lower tax rates

July 22, 2021
Estate Planning

If you own a business, you need a trust, too

Trusts are needed now more than ever because of second marriages and the aging population

June 15, 2021
Estate Planning

Business owners and professionals face unique estate-planning challenges

If you don’t have a plan, the government does, and you probably won’t like it

June 15, 2021
Estate Planning

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