
Guide to Holding Property in a Trust in Ontario
If you’re looking into holding property in trust in Ontario, you likely want to understand how it works and whether it’s the right choice for you.
If you’re looking into holding property in trust in Ontario, you likely want to understand how it works and whether it’s the right choice for you.
Daniel is a 65-year-old entrepreneur in the renovation business who has built a successful business and legacy.
Avoiding capital gains tax on a family cottage is one of the most emotional and financially sensitive parts of estate planning in Ontario.
Do living trusts go through the probate process in Canada? Living trusts generally do not go through probate in Canada.
James, a successful real estate investor in his early 50s, owned several residential investment properties—houses, condos, and similar assets—through a corporation.
In Canada, legal fees for drafting a will are generally not tax-deductible for individuals. The Canada Revenue Agency does not allow individuals to claim legal expenses incurred for personal matters as tax deductions.
In Canada, can the sole beneficiary be an executor of a will as well? Yes, a beneficiary can also be an executor of a will in Canada.
Mohamed, a 75-year-old real estate investor based in Ontario, owns two real estate holding companies along with various personal assets.
Bill, a 55-year-old real estate investor, reached out to SWPP after reading about living trusts online.
Is life insurance taxable? Life insurance payouts are generally not taxable in Canada if they are paid directly to a named beneficiary.