Our Estates & Trusts team has over eight years of experience working to provide peace of mind for our clients and their families. We provide personal service to each client: from the deceased’s personal tax return to the estates final disbursement. We can:

• confirm that all the tax returns have been filed before the year of death
• file the final personal tax return
• notify you when deadlines are approaching
• assist you in determining if a trust return is required
• schedule and file trust returns
• help you to determine if the trust has been wound up
• assist you in obtaining a Clearance Certificate from Canada Revenue Agency (CRA) showing taxes owing and any interest and penalties that have been paid on those taxes.

We represent executors, trustees and beneficiaries of wills and trusts. We can advise on the valuation of all types of assets such as businesses or the sale of trust or estate assets. We can also help with administrative responsibilities such as distribution of assets, collection of pension and insurance proceeds and other benefits. 

Call us and we can answer your questions and discuss your duties.

Estates

You’re an executor and you’re concerned you don’t have the expertise to prepare the deceased’s tax return or to deal fairly with the deceased’s instructions.

As the personal representative of the deceased, you need to ensure that the tax return is accurate. Failure to do so could result in future penalties because of an incorrect filing.

We have allocated a professional accountant to the Estates & Trusts team who focuses exclusively on this area and who will work closely with you and your lawyer. You’ll have an expert who can ensure all accounting issues are taken care of and who can identify issues that might require legal intervention.

You’ll have peace of mind knowing that as executor you will not be liable for any amounts the deceased owes to Canada Revenue Agency (CRA).

Trusts

You have an incorporated business and you would like your family to share in the growth of the business without losing control of your company. A Family Trust may be an effective tool to help you reach your objectives.

We can work with our lawyer to establish a Family Trust and we can prepare the annual trust tax returns. 

When you require assistance and advice we are available. We’ll ensure your questions are answered and we’ll expedite matters where we can.

 For information and assistance see our Estates and Income Taxes in Ontario guide.