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Canada: Canadian Tax Lawyer Explains The Basics Of Alter Ego Trusts - Rotfleisch & Samulovitch P.C.
Credit: Mondaq- Published on April 8, 2024
An alter ego trust is an inter-vivos trust, which means it's created during your lifetime, established after 1999.
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Canadian income-tax law generally ignores a bare trustee, which means that the bare trustee need not report income generated by the trust property.
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