Inter Vivos
Trust
This trust is created while the individual is still alive. In doing so, the trust can be managed and adjusted over time, helping to manage financial assets for the asset owner and reduce taxes.
Family Wealth Advisory
Turner Moore’s trusted estate planning strategies will help you and your family get the most out of a lifetime of hard work.
To protect your family’s wealth, you need an all-encompassing financial strategy backed by accountants who truly care.
Turner Moore’s estate tax experts will work with you to make sense of complexities and ensure your family’s future economic benefit. We help at every step of the way, from developing strategies to advising on asset-transfer plans to preparing trust returns.
Our approach to family wealth advisory is personalized to your unique goals and designed to change as your circumstances evolve, providing multi-generational financial guidance at every step of the way.
Trust Strategies Offered by Turner Moore
Inter Vivos
Alter Ego
Trust
This trust is specifically for Canadian residents who are 65+ and wish to retain control during their lifetime. The alter ego trust provides tax benefits, but when assets are transferred into it, the trust becomes the owner.
Family
Trust
A family trust is a type of inter vivos trust that benefits family members by safeguarding financial assets for future generations: children, grandchildren or other relatives.
Testamentary
Trust
A testamentary trust is created upon an individual’s death to help manage and distribute assets according to the deceased individual’s wishes. This is especially beneficial for those who may not yet be ready to manage their inheritances.
Trust Strategies Offered by Turner Moore
- Educating family members on wealth stewardship
- Preparing final personal tax returns
- Completing T3 trust returns (T3 Trust Income Tax and Information Returns)
- Designing asset transfer plans to minimize tax costs
- Offering advice for creating and administering trusts and wills
- Strategizing wealth transfers
- Managing accounting tasks for trusts
- Creating a philanthropic plan