Estate Planning and Trusts

This webinar discusses estate planning, i.e., planning for death

CPD hours: 2.5

While no one wants to think about death, it is essential to plan for it, so grieving family members have less problems and more cash.

Recorded Jan. 3, 2025

Saving tax, estate freezes and trusts are also discussed. There are lots of examples to help explain these important topics.

This webinar covers estate planning and includes:

• The will, life insurance and the Family Law Act
• Probate fees and planning to reduce probate
• Taxation at death, including the deemed disposition on death rules and the terminal income tax return
• Estate freezes and using section 85 and section 86 to avoid tax
• Crystalizing your capital gains exemption and avoiding section 84.1
• The taxation of trusts, including residence, allocating trust income, graduated rate estates and the 21-year deemed disposition rule