TRUST & ESTATE SERVICES
ESTATE RETURNS
Generally, an estate arising from the passing away of an individual is comprised of his/her assets and liabilities. Proper estate planning is required in order to pass on the assets, pay off the liabilities, and minimize probate fees during this process.
Equinox CPA provides the following services for estates:
TRUST RETURNS
Trusts can be established for tax or non-tax purposes. There are two general categories of trusts - testamentary and inter vivos.
A testamentary trust arises via the passing away of an individual. Whereas, an inter vivos trust is any trust that is not a testamentary trust. Each of these broad categories of trusts are further sub-classified into types of trusts depending on the purpose of the trust.
Equinox CPA provides the following services for trusts:
Contact Equinox CPA today for assistance with your estate or trust tax matters.
Generally, an estate arising from the passing away of an individual is comprised of his/her assets and liabilities. Proper estate planning is required in order to pass on the assets, pay off the liabilities, and minimize probate fees during this process.
Equinox CPA provides the following services for estates:
- Preparation of final, optional, and estate returns.
- Tax planning to minimize probate fees.
- Assisting in the process for obtaining clearance certificates from the Canada Revenue Agency.
TRUST RETURNS
Trusts can be established for tax or non-tax purposes. There are two general categories of trusts - testamentary and inter vivos.
A testamentary trust arises via the passing away of an individual. Whereas, an inter vivos trust is any trust that is not a testamentary trust. Each of these broad categories of trusts are further sub-classified into types of trusts depending on the purpose of the trust.
Equinox CPA provides the following services for trusts:
- Preparation of T3 trust income tax return.
- Preparation of T3 slips for distributions to beneficiaries.
- Consultation on the use of trusts in your particular situation (tax planning).
Contact Equinox CPA today for assistance with your estate or trust tax matters.
