When implementing an estate plan that involves a life interest, such as a spousal trust, it is typical to grant the Trustee a power to encroach on the capital of the trust for the benefit of the life interest beneficiary....
As we near the end of the calendar year, trustees of inter vivos trusts (created during a person’s lifetime) such as family trusts or testamentary trusts (created by will) should pass resolutions or meet with co-trustees to ensure that all...
On February 20, 2018, the BC Government announced its intention to implement a new tax on residential properties in certain regions of the province to address the housing affordability crisis. The “speculation tax” quickly became the water-cooler topic du jour,...
