Discretionary family trusts have a tax life span of 21 years. Without proper planning, the family trust may be subject to a deemed capital gain, says tax lawyer Samantha Prasad.
The   Read More

Trusts are a great family estate-planning vehicle. However, in 2018, the federal government announced new measures that relate to the tax-reporting requirements for trusts. Tax lawyer and regular TaxLetter columnist   Read More

Family trusts are becoming increasingly common and are now the norm for many families—even those without yachts! Tax lawyer Samantha Prasad, a contributing editor to The TaxLetter, describes how a   Read More