Estate Planning / Trusts

An important step
in Estate Planning

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Providing legal protection
for the trustor's assets

Trusts can be recommended for many individuals regardless of age, for several reasons. Trusts are used by clients looking to determine long-term control over complex assets, arrange for the care of vulnerable family members in the event of the caregiver’s death or incapacity, reduce income tax liabilities, or minimize or avoid probate fees. With its versatility, the creation of a trust is often an important part of the estate planning process at FH&P Lawyers.

Our estate planning team will review every option with our clients and will discuss when the best time is to develop a trust, ensuring the most effective way to protect their interests. Our team of lawyers have the experience and knowledge in designing a wide range of trust solutions, including:

  • Inter vivos and testamentary trusts
  • Family trusts
  • Spousal trusts
  • Alter-ego trusts
  • Henson trusts
  • Insurance trusts
  • Pet trusts
  • Cottage trusts
  • Education trusts

Administration and Variation of Trusts

Our estate planning team at FH&P Lawyers not only assists our clients in drafting a trust, but we can also plan for the long-term administration of those trusts. Our team understands that life happens and can assist clients with any necessary changes that need to be done to the trust terms.

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When to use a Trust

Trusts are frequently used in succession planning, as they can be used to transfer wealth to future generations in a tax-efficient manner and can result in a deferral of capital gains

What is a family trust?

A trust, unlike a corporation, is not a legal entity, but rather a relationship between the trustees and the trust’s beneficiaries. These relationships are set out in a trust agreement or deed.

Trusts Lawyers

Nancy Ling
Partner
Lewis Nguyen
Associate
Colin Flannigan
Associate