With

Trust

At CFO+CO, we recognize that wealth management strategies often involve the establishment of trusts. Trusts are powerful tools for various purposes, including asset protection, optimizing the Lifetime Capital Gains Exemption (LCGE), income splitting, and corporation purification. If your company is experiencing growth, our experts can assess the relevance of establishing a trust in your personal situation and provide guidance on the best tax optimization strategy. With our extensive knowledge and experience in trusts and wealth management, we can navigate the complexities of these structures and develop a customized plan that aligns with your financial goals.

Trusts are inherently complex and require specialized expertise to ensure their proper management. At CFO+CO, we uphold the highest standards of quality by having every trust file supervised by a Certified Public Accountant (CPA). This commitment guarantees the utmost level of expertise and precision in our tax services. Our team of CPAs brings extensive knowledge and experience to each trust-related matter, ensuring meticulous attention to detail and adherence to the highest professional standards. With CFO+CO, you can have confidence that your trust-related tax affairs are handled by a qualified CPA, ensuring the highest level of quality and accuracy in our services.

An inter vivos trust, also known as a living trust, is a legal arrangement in which an individual, known as the grantor or settlor, transfers assets into a trust during their lifetime. The purpose of establishing an inter vivos trust is to create a mechanism for managing and distributing these assets to beneficiaries, both during the grantor's lifetime and after their passing. Inter vivos trusts are often integral to a comprehensive wealth management strategy. At CFO+CO, our team of experts is well-versed in the intricacies of inter vivos trusts. We can guide you through the process, ensuring efficient management of your trust assets and effective distribution to beneficiaries. Trust in our expertise to navigate the complexities of inter vivos trusts and implement a robust wealth management plan tailored to your needs.

A testamentary trust is a type of trust established through a person's will and takes effect upon their death. Unlike inter vivos trusts, testamentary trusts are formed through specific provisions in a will. Our team of experts can assist you with all aspects of testamentary trust planning and tax compliance. We provide comprehensive guidance on efficient asset treatment, tax compliance, and the distribution of trust assets to beneficiaries. Our goal is to ensure that your testamentary trust aligns with your estate planning objectives while complying with applicable tax regulations. With our expertise in testamentary trusts, you can trust us to handle the complexities of this trust type and provide the guidance you need for the efficient management of trust assets and distribution to beneficiaries.