Do your clients - and their children - have an estate liquidity plan?

By Farzin Remtulla
Published: 05/21/2024
do-your-clients-and-their-children-have-an-estate-liquidity-plan
Photo credit: SvetaZi/iStock/Getty Images

Although the newly revised general anti-avoidance rule (GAAR) introduces the concept that transactions significantly lacking in economic substance are likely to result in a misuse or abuse of Canada’s Income Tax Act, the CRA will not be changing its position on post-mortem “pipeline planning,” provided this planning meets existing CRA administrative guidelines.

Do your clients - and their children - have an estate liquidity plan?


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