What is a trust? A trust is a legal arrangement where a person called the settlor transfers assets to a trustee to manage for beneficiaries, based on pre-determined…
Read more Should I hold my house in a trust? – MoneySenseA charitable remainder unitrust provides art collectors looking to sell with a stream of income and a smaller tax burden than they would face if they sold a…
Read more Why Some Collectors Sell Their Artworks Through TrustsLiving (inter vivos) trusts A living trust, or inter vivos trust, that you set up during your life is most commonly used for tax reasons. People might use…
Read more How to ensure your kids can keep your house when you die – MoneySenseWhat is a trust? A trust is a legal arrangement whereby a settlor transfers assets to a trustee or trustees who hold and manage those assets for a…
Read more An update on trust tax return filings for 2025 – MoneySenseWSJ ProOct. 10, 2025 5:52 pm ET TORONTO—Canada’s large public pensions might need to start investing more in Canadian businesses as the country tries to shield its economy…
Read more Canadian Pensions Might Need to Invest More Domestically, Official SaysTANGLEY, England—Steve Schwarzman once said his business philosophy was to seek war. The Wall Street billionaire may have met his match in the chalk hills of southern England.…
Read more How Steve Schwarzman Landed in Hot Water With His British NeighborsOpinions expressed by Entrepreneur contributors are their own. Entrepreneurship is a hard road. There’s no rule book, and as a business owner, it can feel like you’re always…
Read more 8 Ways to Build a Business That Can Run Without You | EntrepreneurThe basics: U.S. estate tax for non-residents The U.S. imposes estate taxes on the worldwide estates of its citizens and residents. However, as a Canadian with no U.S.…
Read more Cross-border estate planning: What should Canadian parents with U.S. beneficiaries do? – MoneySenseThe credit lets home owners claim 15% of the renovation cost up to a maximum of $50,000, potentially allowing them to subtract as much as $7,500 from their…
Read more Tax changes to know about for 2023, from home offices to house flipping – MoneySenseWhat is a bare trust? The Income Tax Act does not specifically define a bare trust, Chander. The Canada Revenue Agency (CRA) says: “A bare trust for income…
Read more What new bare trust tax filing rules mean for Canadians – MoneySenseWhen you give cash or assets to a family member to invest, there may be attribution of that income back to you. Attribution causes income to be taxed…
Read more Can you save on taxes by owning an investment account with your child? – MoneySenseInvestors bought up shares of Etsy Inc. on Thursday after the online crafts marketplace added to its board of directors a partner of hedge fund Elliott Investment Management…
Read more Etsy’s stock is having its best day in seven months after Elliott takes ‘sizable’ stakeJetBlue Airways Corp. and Spirit Airlines Inc. said late Friday that they have appealed a court ruling that earlier this week blocked their planned merger. JetBlue JBLU, -1.19%…
Read more JetBlue, Spirit Airlines appeal court ruling blocking their proposed mergerDistressed-debt giant Oaktree Capital sees big opportunities in credit unfolding over the next few years as a wall of debt comes due. Oaktree’s incoming co-chief executives Armen Panossian,…
Read more Oaktree Capital calls commercial real estate ‘most acute area of risk’ right nowTOKYO (AP) — Asian shares slid Wednesday after a decline overnight on Wall Street and disappointing China growth data, while Tokyo’s main benchmark momentarily hit another 30-year high.…
Read more Hang Seng leads selloff for Asia stocks, with 4% slump after China dataThe Securities and Exchange Commission on Friday said that a social-media post on X falsely stating that it had approved spot bitcoin exchange-traded funds was created after an…
Read more SEC weighing ‘additional measures’ after hacked post on bitcoin ETF approvalAfter long-awaited spot bitcoin exchange-traded funds made their debut this week, investors are now weighing the prospects of eventual approval of similar ether ETFs. The U.S. Securities and…
Read more After Bitcoin ETFs, watch for the next most popular crypto to go the same routeUpdated Jan. 11, 2024 3:06 pm ET Bitcoin’s trip to Main Street just took a detour. Vanguard said Thursday it won’t offer the new spot bitcoin exchange-traded funds…
Read more Vanguard Won’t Offer Spot Bitcoin ETFs on Its PlatformOn Wednesday, the U.S. Securities and Exchange Commission for the first time greenlighted several exchange-traded funds investing directly in bitcoin. But the 24 hours leading up to that…
Read more Bitcoin ETFs finally approved after a chaotic, ‘embarrassing’ 24 hours for SECUpdated Jan. 10, 2024 5:56 pm ET The U.S. Securities and Exchange Commission voted Wednesday to allow mainstream investors to buy and sell bitcoin as easily as stocks…
Read more SEC Approves Bitcoin ETFs for Everyday Investors
