• Update on Taxation of Estate Plans
  • December 9, 2015 | Authors: Marni Pernica; Clare A. Sullivan
  • Law Firm: Aird & Berlis LLP - Toronto Office
  • On January 1, 2016, new tax rules relating to certain types of trusts come into force. These new rules will eliminate some of the advantages of using trusts established by Will (“testamentary trusts”) for tax planning purposes and will impact existing trusts.