The area of trusts and estates practice is a complex one, with many opportunities for tax
planning. These opportunities include
• minimizing tax through income splitting;
• planning for deferral of capital gains;
• minimizing taxes on death and to an estate through the use of special elections;
• evaluating certain non-resident strategies to “export” the trust to a favorable tax jurisdiction;
• tax planning for the division of the trust assets, either to beneficiaries or to other trusts, and
• evaluating the trust’s capital gains tax position and developing a capital gains minimization
strategy (which may include an estate-freeze type of reorganization).
Global CPA can also prepare or review tax returns that involve complex trust situations. Having authored two books on this subject, we are the professionals that other professionals often turn
to in complex situations or just for a second opinion.