Insights

The practice of law is changing every day, and the effect of changing legislature on businesses is significant. We write about recent developments in the world of tax & business law, keeping a watchful eye on the changing landscape for our clients. See what we’re thinking about, and what your business should be looking out for.

Tax Law

Family Limited Partnerships

Click here to view in PDF. A Family Limited Partnership (FLP) is nothing more than a limited partnership, created as a vehicle to transfer income and title to assets from...

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Tax Law

The Limited Partnership Protective Shield

Click here to view in PDF. In contrast to a general partnership, a limited partnership must by law be composed of at least one general partner, who serves as the...

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Tax Law

General Partnerships

Click here to view in PDF. Family limited partnerships offer tax benefits, lawsuit protection, and financial control. To gain a full understanding of a family limited partnership, let’s first consider...

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Tax Law

The Prescribed Rate Loan Strategy

Click here to view in PDF. You might wish to consider using an irrevocable inter vivos trust to implement a prescribed rate loan structure. This strategy can facilitate income splitting...

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Tax Law

Irrevocable Inter Vivos Trusts

Click here to view in PDF. The settlor who wishes to avoid the pitfalls inherent in a revocable inter vivos trust should create an irrevocable inter vivos trust. An irrevocable...

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Tax Law

Revocable Inter Vivos Trusts

Click here to view in PDF. What are the principal differences between a living (inter vivos) trust and a testamentary trust created by death? A living trust is just what...

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Tax Law

Wealth Accumulation Trusts

Click here to view in PDF. A wealth accumulation trust strategy can lower your taxes, produce steady guaranteed annual income, and help your favourite charity all at once. This is...

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Tax & Estate Planning

Alter-ego and Joint Partner Trusts

Click here to view in PDF. Alter-ego trusts and joint partner trusts are special types of revocable inter vivos trusts, which, if correctly structured in accordance with our tax rules,...

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Tax & Estate Planning

Family Trusts

Click here to view in PDF. A family trust is a type of trust established solely for the benefit of your family. There are two primary reasons you might wish...

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Tax & Estate Planning

Creating an Effective Trust

Click here to view in PDF. The most important decision you will have to make about your trust is the choice of the trustee(s). A trustee’s powers begin when the...

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