Jun 12, 2026 | Estate & Trust, Estate Planning & Executor, Tax Law & Compliance, Trusts and Estates
A hub for estate planning, executor duties, terminal and estate returns, and trust reporting in Canada. What this guide covers Whether you’re planning ahead, named as an executor, or responsible for trust reporting in Canada, estate and trust tax has strict... 
Jun 3, 2025 | Estate Planning & Executor, Tips for your Business
Family-owned businesses are the backbone of Canada’s economy, yet many face the daunting challenge of ensuring their legacy endures across generations. The good news? With proactive planning, families can navigate this transition successfully and with... 
Nov 8, 2023 | Estate Planning & Executor, Featured, News and Events, Trusts and Estates
Important update — bare trusts (CRA, March 28, 2024) On March 28, 2024, the Canada Revenue Agency (CRA) announced that bare trusts are exempt from filing a T3 Income Tax and Information Return (including Schedule 15) for the 2023 tax year unless the CRA specifically... 
Sep 29, 2023 | Estate Planning & Executor, Personal Tax and Finance, Trusts and Estates
Losing a loved one is difficult, and the legal and financial work that follows can add stress. As executor (or liquidator, in Quebec civil-law contexts on the civil side), you have serious duties: locate assets, pay debts, file tax returns, communicate with... 
Jun 19, 2023 | Estate Planning & Executor, Trusts and Estates
As executor of a deceased person’s estate, you may need to file estate returns with the Canada Revenue Agency (CRA) for income earned after the date of death until the estate is wound up. This is separate from the terminal (final) T1 return, which covers the... 
May 16, 2023 | Estate Planning & Executor, Trusts and Estates
If you are responsible for administering the estate of a deceased individual, you will need to file a terminal tax return (also called a final return) in their name. This article explains what that return is, why it matters, when it is due, and how to approach filing...