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[ad_1] What is a bare trust? The Income Tax Act does not specifically define a bare trust, Chander. The Canada Revenue Agency (CRA) says: “A bare...
[ad_1] When you give cash or assets to a family member to invest, there may be attribution of that income back to you. Attribution causes income...
[ad_1] First, it bears mentioning that wills typically provide discretion to the trustees to sell, call in or convert into cash any part of an estate...