Do you have any questions about CDIC protection of deposits held in Trust? Ask away! ⬇
@jbuui Жыл бұрын
Im wondering, if a home is placed into a trust and then the beneficiary inherits the trust. Will the beneficiary have to pay capital gains on the house?
@karanveersinghsekhon159526 күн бұрын
Hey, thanks for the video. I need some support around additional way to utilize a trust account for my business. Can you provide the best place to reach out and deep dive into the concerns I have?
@danellelussier Жыл бұрын
This video really helped me wrap my head around the concept of trusts while doing my WME! the textbook is super bland, but this video helped so much! thank you guys! definitely subscribed for future videos! :)
@stephandden Жыл бұрын
We're happy to hear that! So glad this was helpful 😊 and good luck with your WME!
@sarah902 жыл бұрын
Although trust is not relevant to my personal financial situation it was still nice to learn about a totally new topic. Thank you 😊
@stephandden2 жыл бұрын
Thanks for watching, Sarah! 😊
@Swaharland2 жыл бұрын
Thanks guys, I really had no idea how it all works. Now I have more info.
@stephandden2 жыл бұрын
We're glad it was helpful! 😊
@modenim Жыл бұрын
This was so clearly explained it was actually helpful. Thank you so much
@stephandden Жыл бұрын
Glad you enjoyed the video! 😊
@STOCKUPBUILDINGWEALTH5 ай бұрын
Do you have a ‘step by step on how to open a trust account on the CRA website’ video?
@aamirchoudhry3662 ай бұрын
Very nice video! I learned a lot! Thank you.
@stephandden2 ай бұрын
We’re so happy to hear that! 😊
@SantiagoTorres-gj6gs4 ай бұрын
Great video. Was hoping to hear the effects of the 21yr rule and how it affects trusts and the fact that trusts are still considered a tax payer in Canada and pays at the highest personal marginal tax rate. Will there be a further video covering this as well as operating a business within a trust? Thanks again for the video.
@cdmlms6 Жыл бұрын
Glad to have found this video! Thank you!
@stephandden758 Жыл бұрын
Feedback appreciated Chat up Let's talk✍️✍️✍️☝️☝️🗼
@jeffsimnett7663 Жыл бұрын
Great video. Question.. How are the assets inside an ITF account transferred after age of majority is reached? How is the account dissolved? Are they a deemed disposition? Do the shares get sold? Thanks!
@the_noble_lefty Жыл бұрын
Great question, I would like to know as well.
@renegadenstudios5334 күн бұрын
Do you have these videos in french for Quebecers please?
@chinagoodhue859711 ай бұрын
😊❤Thank you so much for clarifying
@mikebeta2909 Жыл бұрын
Great vid guys, Can you shed some light on common law pure trust?
@valdanowill5 ай бұрын
How do I tansfer my home into the rust in canada without incurring a taxabele event?
@kishormans22455 ай бұрын
I would like to know it is good to form the trust account especially for my children for the properties in Ontario
@bobbimackay50056 ай бұрын
What are the responsibilities of a trustee for beneficiaries on an in-trust account from insurance or penion benefit payout to minors?
@omarmyers50993 ай бұрын
3:17 "for when the person setting up the trust is actually dead".!? Or do you mean it 'comes into effect' after the person dies?
@alwinhuynh2 жыл бұрын
thanks the video guys! den, would you consider doing a video on the cpa since you've completed yours? could be a good idea and might help others! (I'm currently looking into doing mine)
@stephandden2 жыл бұрын
Thanks Alwin! And thanks for the suggestion 😊
@arielchiu99419 ай бұрын
I am interested in setting up a trust.what do I do? Do I look for a lawyer or do you have any firms that you will recommend
@NiteOwl2476 ай бұрын
Hi my daughter has two children and is on ODSP and RGI. The father of her children passed away over the holidays and she found out she was his beneficiary through his union. She doesn't want to lose her benefits. I heard about a Henson trust and wondering if I can open the trust and her inheritance can be put through that. She wants me to be her trustee. Is a Henson trust possible?
@jannellbeadle492 жыл бұрын
What happens if your beneficiaries and the settlor die prematurely? Can that fund or asset be claimed by other family members, or does it just go to the government?
@stephandden758 Жыл бұрын
Feedback appreciated Chat up Let's talk
@optimusprimee2 жыл бұрын
Can the Trustee and Beneficiary be the same person?
@stephandden758 Жыл бұрын
Feedback appreciated ✍✍✍☎️☎️☎️📩
@SandraDevantАй бұрын
Not wise
@almministrys1659 Жыл бұрын
Our biggest issues is how do we protect our identity from servants? Our business registry name?
@jamilabell6580 Жыл бұрын
Hi good afternoon. I would like to ask some questions about a trust
@MinnieOnCam Жыл бұрын
Do you have a video on segregate funds ?? I've found by having them open they are exempted from ODSP asset limits. Many people do not know this.
@NiteOwl2476 ай бұрын
Oh im interested in knowing this
@MinnieOnCam6 ай бұрын
my financial planner explains to me what is the segregated fund, then he had his legal team review the policy of Ontario Disability Support Program, then i decided to open my segregated fund based on the information currently in the ODSP policy. I understand it for myself, I'm not great at explaining it to others. @@NiteOwl247
@Tomyum193 ай бұрын
Couldn’t a person just open a cash account and invest in it using tax efficient ETF’s then transfer the account to their kids in-kind when they want to? An informal trust seems like a waste of time when you realize that. Also, an informal trust is out of your hands when the kids turn 18. So if they turn out to be unsavoury people they’re getting the money whether you like it or not. At least with a cash account you can maintain control.
@khavon123 Жыл бұрын
I’m gonna have to watch this the second time cause it sounded like math and I don’t trust math 😂
@RVRSABLE Жыл бұрын
Nailed it.
@stephandden Жыл бұрын
😊 thank you!
@arminsoltanzadi3126 ай бұрын
It should be "3. Beneficiary" which is written wrong as "2. Beneficiary".