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This biblical command — "serve thy master not thyself" — might aptly reflect the law of the workplace, too.

Once selected, the appointment of the escrow agent is usually written into an escrow agreement.

A recent TDS article, A Review of the Draft Federal Tax Legislation Released on August 9, 2022, touched on the enhanced reporting requirements for trusts that were originally proposed in February of this year.

Beginning in 2021, new reporting rules come into effect for most Canadian resident trusts. The rules are intended to improve the collection of beneficial ownership information with respect to...

Our wealth and private client services group recently worked with the Department of Finance (Finance) to try to find a solution to a change in the law that resulted in unfair treatment of disabled...

When many people think of signing a contract, the traditional picture is a meeting, a pen and paper, and handshakes at the end.

As insolvency practitioners know well, there is a decades-long ongoing contest in insolvency proceedings consisting of repeated iterations of the same fundamental skirmish...

All Trustees, whether Estate Trustees or otherwise, have a duty to account to the beneficiaries on whose behalf a trust is being managed.

Back in March of this year, I wrote about the new proposed changes as contained in the 2018 Federal Budget. One issue that I mentioned was the new reporting requirements for trusts.

Bill C-43, which received Royal Assent on December 16, 2014, introduces a new type of trust to benefit disabled individuals – the "qualified disability trust" ("QDT"). .

Estate disputes involving corporate and trust structures require coordinated legal expertise across multiple disciplines. The Staples v. Jean case demonstrates how administering complex estates can simultaneously engage estate law, corporate governance, tax planning, employment issues, and litigation strategy, highlighting the critical importance of comprehensive legal guidance for estate trustees managing sophisticated business interests.

Courts in common law jurisdictions continue to grapple with how to deal with a spouse's interest in a discretionary trust when there is a marital breakdown, and whether to include them in property division...

When parents die with minor children, who will care for them and manage their inheritance? This article explores six critical misconceptions about appointing guardians in Ontario, from temporary appointments to cross-border complications. Understanding these nuances ensures your estate plan truly protects your children when it matters most.

There's a lot of talk these days about the need for Canadians to save more for retirement, but with a sputtering economy, weak job creation numbers and interest rates seemingly stuck at near-record lows, that's easier said than done.

The new excessive interest and financing expense limitation (EIFEL) rules have been in effect for corporations and trusts with taxation years beginning on or after Oct. 1, 2023.

In our previous blogs, we discussed the expanded trust filing and reporting requirements for trusts with tax years ending on or after December 31, 2023...

Trustees should be aware of anticipated changes to the trust reporting regime in Canada. Once enacted, trustees of certain trusts should expect to be subject to heightened disclosure rules regarding

A portfolio investment fund is defined by referring to the definition of "portfolio investment entity" in the SIFT rules in the Tax Act, with certain modifications.