Estate Planning Update 2022
Course Date: November 3, 2022
Total: 5h 28min
Total Ethics: 50min
Course Date: November 3, 2022
Welcome and Land Acknowledgement (9:00 – 9:10)
Genevieve N. Taylor — Legacy Tax + Trust Lawyers, Vancouver
Puzzling Developments in Beneficiary Designations and Resulting Trust (9:10 – 10:00)
- are designations testamentary or inter vivos
- applicable presumptions
- where do we stand
- best practices given the state of the law
Alison Oxtoby — Fasken Martineau DuMoulin LLP, Vancouver
Alter Ego and Joint Partner Trusts: Beyond the Basics (10:00 – 10:50)
- using powers of appointment to create remainder interest
- restricting access to capital
- choosing to avoid s. 75(2) income attribution
- including provisions to facilitate post-mortem tax planning
Richard Weiland — Clark Wilson LLP, Vancouver
BREAK (10:50 – 11:05)
Life in the Electronic Age of Wills (11:05 – 12:00)
- rules and tips for electronic witnessing
- digital wills: creation, what happens post-signing, and probate
- practical tools: more paper (counterparts); no paper (e-signing)
- what to do with incapacity planning (PoAs & Rep Agreements)
- vetting for undue influence in the electronic environment
Geoffrey W. White, KC — Geoffrey W. White Law Corporation, Counsel, Clark Wilson LLP, Kelowna and Vancouver
NETWORKING LUNCH (provided for in-person attendees) (12:00 – 1:00)
Land in Trust Planning (1:00 – 1:55)
- statutory regime
- Land Title Act
- Property Transfer Tax Act
- Land Owner Transparency Act
- drafting considerations
- current best practices
Fiona Hunter — Horne Coupar LLP, Victoria
US Estate and Gift Taxes (1:55 – 2:50)
- US estate and gift taxes—a primer
- credits and exemptions available—domestic law and treaty relief
- common fact patterns
- common tax reduction/avoidance techniques
Christine M. Muckle — Legacy Tax + Trust Lawyers, Vancouver
Cheyenne J.H. Reese — Legacy Tax + Trust Lawyers, Vancouver
BREAK (2:50 – 3:05)
Charitable Giving (3:05 – 3:55)
- making the most out of charitable giving: tips and traps
- due diligence considerations in charitable gift-giving
- identifying the right charitable gifting vehicle
Ingrid M. Tsui — Alexander Holburn Beaudin + Lang LLP, Vancouver
Closing Remarks (3:55 – 4:00)
Genevieve N. Taylor — Legacy Tax + Trust Lawyers, Vancouver
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Slides: Puzzling Developments in Beneficiary Designations and Resulting Trust
Paper: Puzzling Developments in Beneficiary Designations and Resulting Trust
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