Trusts in the 21st Century: Surviving in a Sea of Change 2019


Course Date: April 26, 2019

Full Course Materials
Total: 6h 2min
Total Ethics: 1h

WELCOME AND INTRODUCTION

Fiona Hunter — Horne Coupar LLP, Victoria

Changes Wrought by Federal Government 2016-2018 & Changes Still to Come

  • the new tax rates for trusts
  • impact of the new principal residence exemptions for trusts
  • trust disclosure requirements

    Craig D. YoungCook Roberts LLP, Victoria

Changes Wrought by the Provincial Government 2018 & Changes Still to Come

  • the general anti-avoidance provisions of the Property Transfer Tax Act (PPTA)
  • Land Owner Transparency Act (LOTA) & related provisions in the PPTA Regulations
  • Speculation and Vacancy Tax Act, Bill 45

    Peter J. GlowackiBorden Ladner Gervais LLP, Vancouver

Break

Rough Waters Ahead: Advising Trustees

  • good faith and impartiality
  • defensive record-keeping
  • collection and use of personal information
  • working with advisors and delegating duties

    Richard WeilandClark Wilson LLP, Vancouver

CONCURRENT SESSIONS A

Disability Trusts (available online)

  • complying with Ministry of Social Development and Poverty Reduction requirements
  • drafting considerations
  • income tax implications

    Ken M. Kramer, QCKMK Law, Vancouver
    Susan SchiphorstLitigation Assistant, Ministry of Social Development and Poverty Reduction, Victoria

US Beneficiaries Tips and Traps

  • considerations when drafting trusts with US beneficiaries
  • considerations when advising trustees on US beneficiaries distributions

    Cheyenne J.H. ReeseLegacy Tax + Trust Lawyers, Vancouver

Networking Lunch (provided)

Drafting Testamentary Trusts Under New Regime

  • graduated rate estate
  • spouse trusts
  • qualifying disability trusts
  • income splitting trusts

    Mary B. Hamilton, QC
    Alexander Holburn Beaudin + Lang, Vancouver

Drafting inter vivos Trusts and Related Documents

  • alter ego trusts & joint partner trusts
  • family trusts
  • spouse trusts
  • trust distribution documents

    David G. ThompsonThorsteinssons LLP, Vancouver

Break

CONCURRENT SESSIONS B

Pitfalls When Settling Trusts for Adults With Diminished or No Capacity (available online)

  • where the settlor has an attorney
  • where the settlor has a committee
  • where there is no nominee for the adult

    Justina Driedger —  DLA Piper (Canada) LLP, Vancouver

Tips and Traps for Rolling Over Registered Funds

  • to a trust for an under 18 ordinary dependent
  • to a qualifying trust annuity
  • to a lifetime benefit trust
  • to a minor where beneficiary disabled

    Chris IrelandPPI Advisory, Vancouver

Fixing Trusts

  • power to amend
  • resettlement
  • deed of arrangements
  • Trust and Settlement Variation Act

    Deidre J. HerbertMcLellan Herbert, Vancouver