Not-So-Cheap Thrills: The Bare Trust Reporting Rollercoaster
Thursday, April 18, 2024Ian SpiegelBusiness Law, Corporate LawTrusts, Tax & Estate Planning
In our previous blogs, we discussed the expanded trust filing and reporting requirements for trusts with tax years ending on or after...
Read the full post, click here.
Update: Bare Trusts No Longer Required To File T3 Returns For 2023
Thursday, March 28, 2024Ian SpiegelBusiness Law, Corporate LawCanada Revenue Agency (CRA), Trusts
In our previous blog post, we discussed the Canada Revenue Agency’s (the “CRA”) expanded trust filing and reporting....
Read the full post, click here.
Trust Reporting Season is Here: Your Primer on the New Requirements for 2023
Friday, February 16, 2024Ian SpiegelCorporate Law, Business Law, Tax and Estate Planning, Tax LawTrusts, Income Tax Act
On December 15, 2022, Bill C-32, the Fall Economic Statement Implementation Act, 2022, S.C. 2022, c. 19 (“Bill C-32”), received Royal Assent. Bill C-32 amended the...
Read the full post, click here.
Contributions to Multi-Generational Home does not Constitute Unjust Enrichment (Sidhu v. Sidhu)
Monday, August 14, 2023Isabel YooLitigationReal Estate, Trusts, Unjust Enrichment
A growing trend in home use is multi-generational housing, which is, as the term implies, multiple generations of...
Read the full post, click here.
Update: New Reporting Requirements For Trusts
Thursday, January 20, 2022Greg Farano, Lindsay Ann Histrop, Ian SpiegelBusiness Law, Corporate LawTrusts
In a previous blog post, we discussed the proposed new T3 Trust Income Tax and Information Return reporting and filing requirements for certain express trusts. These changes
Read the full post, click here.
Family Cottage Squabbles: Court orders family members to stop interfering with each other’s enjoyment of cottage property
Tuesday, April 13, 2021James R.G. CookLitigationReal Estate, Cottage Country, Trusts
Cottage properties may be used by extended families over the years without regard to who has legal title or whether there are legally binding rules for ownership and use. When senior members of family age, disputes may...
Read the full post, click here.
Parent’s Claim to Recover Home Transferred to Daughter Dismissed
Friday, December 11, 2020James R.G. CookLitigation, Estate PlanningReal Estate, Wills, Trusts, Smith Falls
Property is often transferred between family members without money exchanging hands. There are many reasons for doing so, including estate planning, assisting children with buying a home, removing property from...
Read the full post, click here.