CLE Online

Welcome and Introduction

Kate S. Marples — Legacy Tax + Trust Lawyers, Vancouver
Genevieve N. Taylor — Legacy Tax + Trust Lawyers, Vancouver

Taxable Dipositions and Deferrals

• gifts of cash and appreciated property
• transfers to trusts
• deemed dispositions at death
• estate freeze
• spousal rollovers

Genevieve N. Taylor — Legacy Tax + Trust Lawyers, Vancouver

Tax Exemptions

• principal residence
• qualified small business
• family farms

Helena Plecko — DLA Piper (Canada) 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 Law, Victoria 

Networking Lunch

Taxation of Estates

• residency of an estate
• qualifying as a graduated rate estate
• tax returns from date of death onward
• spousal rollovers
• carry back of losses
• distributions to resident and non-resident beneficiaries
• liability of executor

Sheryne Mecklai, CPA, CA — Tax Partner, Manning Elliott, Vancouver
Dagmar Zanic, CPA, CA — Senior Tax Manager, Manning Elliott, Vancouver

Taxation of Personal Trusts Generally

• inter vivos vs. spouse trusts vs. qualified disability trusts vs. trusts arising on death
• 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

Kate S. Marples — Legacy Tax + Trust Lawyers, Vancouver

Networking Break

Use and Taxation of Alter Ego Trusts and Joint Partner Trusts

• reasons for using such trusts
• transferring property to such trusts
• tax attributes of such trusts
• trust taxation on death given recent amendments to the Income Tax Act
• miscellaneous tax considerations
• some strategies for managing double taxation

Alexander Demner — Thorsteinssons LLP, Vancouver

Tax Issues For Charitable Giving

• the charitable credit during life and at death
• gifting appreciated property
• charitable remainder gifts
• traps for charitable gifts by will or trust
• charitable receipt issues
• is a private foundation the answer?
  • creating a registered charity
  • tax exemption and ongoing requirements
  • disbursement quota

Michael Blatchford — Bull, Housser & Tupper LLP, Vancouver