Is the family Trust Dead?
IS THE FAMILY TRUST DEAD? Prior to July 18, 2017, one would often hear tax advisors recommending the implementation of a discretionary family trust to a family owned corporate group structure. As a result of the 2017 tax proposals, the full implementation of the Tax-On-Split-Income (“TOSI”) rules, effective as of January 1, 2018, has curtailed […]
