• About
  • Offices
  • Careers
  • Students
  • Alumni
Background Image
Logo Bennett Jones
  • People
  • Expertise
  • Resources
  • Search
  • Menu
  • Search Mobile
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All

FEATURED AREAS

Energy
Funds & Finance
Mining
Capital Projects
All Industries
Crisis & Risk Management
Environmental, Social & Governance
Governmental Affairs & Public Policy
All Practices
Insights
Media
Events
Subscribe
COVID-19 Resource Centre
Business Law Talks Podcast
Kickstart
New Energy Economy Series
People
Featured Areas
All Practices
All Industries
About
Offices
Careers
Insights
Events
Search
Search
 

Tax Planning Strategies in a Market Downturn: Trusts

June 12, 2020

Download PDF

     
Download the PDF Tax Planning Strategies in a Market Downturn: Trusts

Martin Sorensen, Marshall Haughey and Hennadiy Kutsenko write part two in a three-part series in The Lawyer’s Daily on select tax planning strategies that make use of the market downturn or otherwise mitigate its impacts.

Part two looks at asset-protection measures that taxpayers may wish to undertake when worried about possible lawsuits or creditor claims. These include:

  • trusts as creditor protection tool;
  • separate ownership of business property; and
  • secured loans to operating company.

In the first part of the series, they discuss estate freezes and income splitting. Part three will outline certain tax considerations relevant where businesses are in a tough economic climate, such as loss utilization and debt forgiveness.

This article was originally published by The Lawyer’s Daily (www.thelawyersdaily.ca), part of LexisNexis Canada Inc.

Key Contacts

  • Martin A.U. Sorensen Martin A.U. Sorensen, Partner
  • Marshall R. Haughey Marshall R. Haughey, Partner
  • Hennadiy  Kutsenko Hennadiy Kutsenko, Associate

Read the New Energy Economy Series

Related Links

  • Insights
  • Media
  • Subscribe

Related Expertise

  • Tax
  • Tax Litigation & Dispute Resolution
  • Wills, Estates & Trusts

Recent Posts

Articles

Michael Kergin on Trudeau and Biden: Off to a Good Start

February 26, 2021
       

In the News

David Dodge and Michael Horgan in Globe and Mail on Fiscal Anchors

February 24, 2021
       

Speaking Engagements

EPC Contract: Love it or Leave it

February 24, 2021
       

Articles

Enforcing Standard-Form Arbitration Agreements in Class Actions: Lessons from the Uber Saga in Canada

February 23, 2021
       

Announcements

Bennett Jones in Chambers Global 2021

February 22, 2021
       

Articles

Michael Smith on 5 Lists Every In-House Lawyer Can Keep

February 19, 2021
       

Articles

Transfer Pricing in the Time of COVID-19

February 19, 2021
       

Speaking Engagements

Jeilah Chan at Federation of Asian Canadian Lawyers 2021 Conference

February 19, 2021
       

Announcements

Information Technology Transactions 3rd Edition: An Essential Roadmap for IT Project Success

February 17, 2021
       

The firm that businesses trust with their most complex legal matters.

  • Privacy Policy
  • Disclaimer
  • Terms of Use

© Bennett Jones LLP 2021. All rights reserved. Bennett Jones refers collectively to the Canadian legal practice of Bennett Jones LLP and the international legal practices and consulting activities of various entities which are associated with Bennett Jones LLP

Logo Bennett Jones