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ARTICLE · 09 OCTOBER 2023

Alter Ego And Joint Partner Trusts

Fogler, Rubinoff LLP
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Alter ego and joint spousal or common-law partner trusts (referred to here more simply as a "joint partner trust") are unique types of trusts that can provide tax savings and estate planning benefits...

CanadaCorporate/Commercial Law
Michael Rosen
Michael Rosen
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Alter ego and joint spousal or common-law partner trusts (referred to here more simply as a "joint partner trust") are unique types of trusts that can provide tax savings and estate planning benefits. In the right circumstances, they can be a useful tool for estate planning purposes. In this blog, I provide a brief overview of their features and some considerations about their use. You should speak with a professional advisor for more details.

Key Characteristics

Alter ego trusts and joint partner trusts have the following key characteristics (note that for simplicity, when I write "spouse" here I also am including common law partners).

  • The trust is created during the lifetime of the settlor.

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