Tax Fundamentals for the Estate Practitioner 2019

Course Date: May 10, 2019

Full Course Materials
Total: 5h 31min
Total Ethics: 1h


Kate S. Marples
Legacy Tax + Trust Lawyers, Vancouver

Genevieve N. TaylorLegacy Tax + Trust Lawyers, Vancouver

Fundamentals of Tax in Estate Planning

  • gifts of cash and appreciated property
  • deemed dispositions at death
  • transfers into and out of joint tenancy between spouses
  • spousal rollovers
  • principal residence

Martina ZanettiNorton Rose Fulbright Canada LLP, Vancouver

Fundamentals of Taxation of Trusts

  • inter vivos trusts and testamentary trusts
  • transfers of property to a trust
  • 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
    • section 75 (2) trusts
  • the 21 year deemed disposition rule

    Kate S. MarplesLegacy Tax + Trust Lawyers, Vancouver


The Entrepreneur

  • estate freezes and the family trust
  • capital gains exemption
  • post-mortem tax planning

Rebecca Cynader — Farris, Vaughan, Wills & Murphy LLP, Vancouver
Stephanie J. DanielsFarris, Vaughan, Wills & Murphy LLP, Vancouver

Networking Lunch (provided)

The Probate Planner

  • life interest trusts (such as alter ego and joint partner trusts)
    • benefits/drawbacks
    • transferring property to such trusts
    • taxation on death
  • multiple wills
  • land title considerations
    • property transfer tax
    • speculation tax
    • empty homes tax

Alexander DemnerThorsteinssons LLP, Vancouver

The Case of the Complicated Children

  • trusts for disabled beneficiaries, both inter vivos and testamentary
  • drafting for vulnerable beneficiaries
  • non-resident beneficiaries
  • US citizen beneficiaries resident in Canada

    Christine M. Muckle Legacy Tax + Trust Lawyers, Vancouver


The Giver

  • the nature of a gift
  • the charitable tax credit during life and at death
  • gifting appreciated property, including publicly-traded shares and private corporation shares
  • private foundations versus donor-advised funds
  • traps for charitable gifts by will or trust

    Blair P. Dwyer Dwyer Tax Law, Victoria

The Executor

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

    Sheryne Mecklai, CPA, CATax Partner, Manning Elliott, Vancouver
    Dagmar Zanic, CPA, CASenior Tax Manager, Manning Elliott, Vancouver