Krista Clendenning J.D., T.E.P. EIA disability trusts are a creature of the Manitoba Employment and Income Assistance (EIA) disability program. This type of trust is unique to Manitoba. Persons with severe and prolonged disabilities that are receiving support under the new Disability Support Act, a transition which began in January of 2023, may also set up an EIA disability trust. … Read More
Loss Of Status As A Testamentary Trust
EXCERPT FROM TAXATION OF TRUSTS: LOSS OF STATUS AS A TESTAMENTARY TRUST ____________________________________________________________________ Reprinted from Chapter 2 “Types of Trusts and Planning”, s.2.1.4(a) “Loss of Status as a Testamentary Trust”, pp. 47-49, in Taxation of Trusts and Estates: A Practitioner’s Guide 2011, by Larry H. Frostiak, John Poyser and Grace Chow, by permission of Carswell, a division of Thomson Reuters … Read More