Both tax and administrative considerations need to be managed Published by Investment Executive February 18, 2025 As a trust and estate professional, I get a bit uneasy when non-resident beneficiaries inherit Canadian taxable property and start asking tax questions about their country of residence. Canada has tax treaties with over 90 countries, and it is impossible for me to have a clear understanding of the double-taxation nuances for all but a handful of them. I don’t alwa

Here’s your helpful guide to advising clients on a complex estate sales process Published by Investment Executive November 18, 2024 As a financial professional, it is essential to provide informed guidance to clients who are beneficiaries of an estate. In some cases, beneficiaries may not realize they have the ability to sell their interest in the estate prior to final or interim distribution. Clients may seek this opportunity when estate settlements are prolonged or when the

By AGF Management Limited Link to course Gain a better understanding of these two key roles that affect clients. Encouraging your client to name a power of attorney (PoA) for property and a trusted contact person (TCP) promotes effective estate management and mitigates financial exploitation, respectively. In this video, Michael Kulbak of Kulbak Trust Solutions explains the two roles’ requirements and functions, compares the roles, and presents real-life examples that illustr