As you sit down with your financial advisor to create an estate plan, one option that may arise is a testamentary trust. A testamentary trust is a type of trust that’s created in a last will and ...

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

What should be done both under a Will and/or a Trust regardless is to coordinate these documents with your plans.

Financial advisors need to familiarize themselves with pending changes to the taxation of testamentary trusts and consider alternatives when discussing options for their clients’ heirs. “The proposed ...

A testamentary trust, also sometimes referred to as a will trust, is a commonly used trust when it comes to estate planning. Unlike an inter-vivos trust which comes into existing during the lifetime ...

The usefulness of testamentary trusts will not been eliminated even if upcoming changes to the tax treatment of these trusts make them less tax-friendly for clients, said Frank DiPietro, director of ...

One of the items in last week’s federal budget that perhaps got the least amount of attention yet could potentially affect the wills and estate planning of thousands of Canadians is the proposed ...

Testamentary trusts, also known as mortis causa or will trusts, are the most commonly used trusts in South Africa and make for very effective estate planning tools. The process of setting up a ...