CLE Online

Welcome and Introduction

Elaine E. Reynolds — Legacy Tax + Trust Lawyers, Vancouver

Lifetime Dispositions and at Death—General Principles

• gifts of cash and appreciated property
• transfers to trusts
• deemed dispositions at death

Sadie Wetzel — Davis LLP, Vancouver 

Tax Exemptions

• principal residence
• qualified small business
• family farms

Christopher G. Speakman — Bull, Housser & Tupper LLP, Vancouver

Networking Break

Attribution Principles

• general attribution principles
• direct and trust transfers for the benefit of a spouse or minor child
• trust transfers with retained ownership
• loans to adult children
• principal residence exemption attribution
• phantom income on estate freezes

Blair P. Dwyer — Dwyer Tax Lawyers, Victoria 

Lunch (on your own)

Taxation of Personal Trusts Generally

• testamentary vs. inter vivos vs. spouse trusts
• allocation of income to beneficiaries
• distribution of trust property to a resident or non-resident beneficiary
• the taint of s. 75(2)
• what makes a trust non-resident?
• the 21-year deemed disposition rule

Nicholas P. Smith — Legacy Tax + Trust Lawyers, Vancouver

Tax Planning Strategies

• estate freezes
• post-mortem strategies to minimize taxation at and after death
• life insurance-funded distributions from private corporations
• post-mortem “wind up bumps”
• alter ego and joint partner trusts

David R. Baxter — Thorsteinssons LLP, Vancouver

Networking Break

Taxation of Estates

• residency of an estate
• tax returns from date of death onward
• carry back of losses
• liability of executor
• distributions to resident and non-resident beneficiaries
• spouse trusts

Christine McCaffrey — KPMG Enterprise, Taxation, Vancouver

Charitable Giving

• the charitable credit during life and at death
• gifting appreciated property
• tainting charitable gifts by will or trust
• charitable remainder gifts

Nicole C. Todosichuk — Legacy Tax + Trust Lawyers, Vancouver