Strategic Use of Trusts in Tax and Estate Planning provides comprehensive and concise coverage of practical strategies and tactics to maximize the use of trusts in tax, estate, and financial planning. Specifically designed for tax, legal, and financial planning professionals, this is an essential resource for researching inter vivos and testamentary trusts and understanding their domestic and cross border use. It clearly identifies tax savings situations, measures the risks involved, and points out the items that can compromise the recourse of a trust for tax and financial planning purposes. This thorough guide provides an in-depth analysis of the attribution rules, including recent CRA technical interpretations and court cases dealing with trusts and the attribution rules.
In a dynamic and practical way, the author shares her extensive knowledge of the trust as a vehicle for planning. You will discover that the trust can not only be part of an estate planning framework, but can also be used in a vast number of situations. With this resource, you will be able to elaborate innovative strategies more easily, and better understand the sometimes complex statutory framework.
About the author Caroline Rhéaume, M.Fisc., Adm.A., Pl.Fin., TEP., has her own firm and specializes in Canadian, American, and French tax and estate planning, the use of trusts, incentive compensation of senior management, and expatriate taxation. She also developed an expertise in the taxation of investments. She provides tax consulting services to high-net-worth individuals and families, and oversees the coordination and administration of these services across Canada, France, and the United States. Caroline gained her international experience working with multinational clients of all sizes. She was also the first professional from the province of Quebec to have completed the Seven Stages of Money Maturity program offered by the Kinder Institute that trains and coaches financial advisors worldwide.
Ms. Rhéaume is the author of the best sellers Utilisation des fiducies en planification fiscale et financière and Stratégies de planification utilisant des fiducies, two books also published by Wolters Kluwer. In addition to implementing strategies proposed in her books, Ms. Rhéaume frequently presents at conferences and regularly writes tax articles for Wolters Kluwer.
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