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Dec 1, 2011
CRA Loses Big: No GAAR for 9-7 Life Insurance Strategies
The judgment for 2011 FC1249 has been released. The insurance companies "win" stops the CRA from obtaining details on their clients who entered into 9-7 plans (formerly referred to as 10-8 plans), and unexpectedly it exposes that the CRA had concluded th
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Alter Trust Versus Traditional Will
A will is the traditional way to distribute your assets upon your death.
But it may not be the best estate planning tool for you. Depending on your circumstances, an alter ego trust or joint spousal or partner trust could be a better choice.
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