Family office takes on many sizes and shapes depending on the needs and desires of an individual or their family. From consulting on financial matters, investments, insurance, marriage, death and divorce issues, there is a family office model to suit your needs.
There is nothing more personal than ensuring your future Estate is well-managed according to your wishes. Depending on the complexity of the Estate, to properly arrange your affairs you will likely need to work with several trusted professionals.
Here are some trends to watch for in the coming 12 to 24 months In Family Office planning post-pandemia.
On September 24, 2020, the Quebec government passed legislation to require the disclosure of nominee agreements (prete-noms contracts).
Although neither Canada nor Quebec impose an estate tax or succession duties, there are, unfortunately, income tax consequences upon death.
We have now reached the second decade of the twenty first century. In the last few years, we have seen many changes to the traditional family structure. Common law couples, same-sex couples, blended families and other options are much more common. Although Quebec law dictates how certain assets such as the family home must be […]
Revenu Quebec has issued new disclosure requirements for nominee agreements and has announced an extension to the filing deadline which was previously set for September 16th, 2019.
Effective January 1, 2016, substantial changes will be made to the tax treatment for Estates and Trusts. Currently, a trust created under a will (a “testamentary trust”) is eligible for the same graduated rates of tax as are individual persons. An election is available to tax income in a trust to take advantage of those […]