Tax Intricacies for the Estate and Trust Practitioner 2025
Course Date: May 14, 2025
Total: 5h 57min
Total Ethics: 1h
Tax Intricacies for the Estate and Trust Practitioner 2025
Course Date: May 14, 2025
Total: 5h 57min
Total Ethics: 1h
Course Introduction and Land Acknowledgement (9:00 – 9:10)
Nadia Myerthall — Program Lawyer, CLEBC, Vancouver
Stephanie J. Daniels — Farris LLP, Vancouver
Ingrid M. Tsui — Alexander Holburn Beaudin + Lang LLP, Vancouver
Stephanie J. Daniels — Farris LLP, Vancouver
Ingrid M. Tsui — Alexander Holburn Beaudin + Lang LLP, Vancouver
Fundamentals of Tax in Estate Planning (9:10 – 10:05)
- gifts of cash and appreciated property
- deemed dispositions at death
- transfers into and out of joint tenancy between spouses
- transfers between non-arm's length parties
- spousal rollovers
- principal residence
- capital gains tax update
Rebecca Cynader — Scion Law LLP, Vancouver
Fundamentals of Taxation of Trusts Generally (10:05 – 11:05)
- inter vivos trusts and testamentary trusts
- allocation and distribution of income and capital to beneficiaries
- general attribution principles
- transfers to a spouse or minor child, or to trusts for the benefit of a spouse or minor child
- s. 75(2) trusts
- joint partner trusts and alter ego trusts
- T3 reporting
- bare trusts reporting
Dwight D. Dee — Miller Thomson LLP, Vancouver
Amanda J. Stacey — Miller Thomson LLP, Vancouver
Amanda J. Stacey — Miller Thomson LLP, Vancouver
BREAK (11:05 – 11:20)
Transfers of Real Property and Related Issues (11:20 – 12:20)
- LOTA transparency register
- update on vacancy taxes (speculation and vacancy tax, empty homes tax, underused housing tax)
- property transfer tax
- foreign buyers update
- anti-flipping rules—BC and Federal
Areet S. Kaila — Legacy Tax + Trust Lawyers, Vancouver
Allison Sharkey — Legacy Tax + Trust Lawyers, Vancouver
Allison Sharkey — Legacy Tax + Trust Lawyers, Vancouver
LUNCH (12:20 – 1:00)
Cross Border Planning (1:00 – 1:50)
- planning for US citizens or green card holders clients and beneficiaries
- non-resident beneficiaries generally
- planning for US real property
Cheyenne J.H. Reese — Legacy Tax + Trust Lawyers, Vancouver
Charitable Giving Update (1:50 – 2:40)
- basic principles of philanthropy
- donations from estates and life interest trusts
- private foundations
- special rules and donations of private company shares
- gifts to public foundations
- donor advised funds
- donations of specific property
- eco gifts program
- Canadian cultural property
- securities
- cryptocurrency
Krista L. Vaartnou — Farris LLP, Victoria
BREAK (2:40 – 2:55)
The End of a Life or a Trust (2:55 – 3:55)
- residency of an estate
- qualifying as a graduated rate estate
- tax returns from date of death onward
- executor's clearance certificate
- distribution to residents
- post-mortem planning
- 21 year rule
Rose Shawlee — Boughton Law Corporation, Vancouver
Closing Remarks (3:55 – 4:00)
Stephanie J. Daniels — Farris LLP, Vancouver
Ingrid M. Tsui — Alexander Holburn Beaudin + Lang LLP, Vancouver
Ingrid M. Tsui — Alexander Holburn Beaudin + Lang LLP, Vancouver
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Fundamentals of Tax in Estate Planning
Slides: Fundamentals of Tax In Estate Planning
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