CLE Online

Welcome and Introduction

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

Trust Law Update

R.C. (Tino) Di Bella — Jawl & Bundon, Victoria

What It Means To Be a Trustee—A Guide For Clients Acting As Fiduciaries

• general duties
• investing trust assets
• using advisors/delegation
• liability concerns
• what is reasonable compensation

Michelle L. Isaak — Davis LLP, Vancouver
Kimberly A. Kuntz — Bull, Housser & Tupper LLP, Vancouver

Networking Break

Practical Considerations For The Family Trust In An Estate Freeze

• avoiding unwanted attribution of income
• choice of trustee
• building in flexibility
• avoiding unintended association of corporations

Blair P. Dwyer — Dwyer Tax Lawyers, Victoria

Testamentary Trusts—Pros and Cons

• what makes a trust testamentary
• benefits of testamentary trusts
• general income tax considerations
• can testamentary trust treatment be achieved with an alter ego trust

Stephanie J. Daniels — Farris, Vaughan, Wills & Murphy LLP, Vancouver

Taxation of Beneficiaries of Canadian Trusts

• distributions to resident and non-resident beneficiaries
• capital vs. income distributions
• certificates of compliance
• adjusted cost base issues
• withholding tax
• reporting requirements
• tax issues for US beneficiaries

Benita Loughlin, CA — KPMG LLP, Vancouver

Networking Lunch

21 Year Rule Planning

• what the rule really says
• vesting interests
• distributing to beneficiaries while retaining control
• other creative solutions

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

Asset Protection Planning Using Trusts—Ethical Considerations

• what is a fraudulent conveyance?
• know your client
• what you can and cannot do

Robert B. Carrothers — Legacy Tax + Trust Lawyers, Vancouver

Networking Break

Trusts and Disability Assistance

• qualifying for PWD assistance
• the traditional Henson trust
• the $100,000 trust
• using the trust
• integrating with RDSPs and rollovers

Geoffrey W. White — Geoffrey W. White Law Corporation, Kelowna

Rectification, Variation, Amendment—How to Fix a Faulty Trust

• ability to rectify, vary, and amend 
• provisions in trust indentures to rectify, vary, and amend
• tax consequences of rectifying, varying, and amending 
• fixing tax problems
• update on the rule in Hastings-Bass

David G. Thompson — Thorsteinssons LLP, Vancouver