Posts Tagged ‘trusts’
The Process (And Pros And Cons) Of “Electing” To Be A Family Trust
Trusts are an important and very useful concept for managing one’s financial affairs, as well as estate planning. A trust is established whenever there is a separation of the legal ownership (for example, the name appearing on a land title) from the beneficial (equitable) owner of an asset (in other words, the person that a…
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