Posts By: Kelly Bird

The Israel–UAE Peace Agreement – A Great Development for International Business

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On August 13, Israel and the United Arab Emirates (“UAE”) signed an agreement mediated by US President Donald Trump. Under the Israel-UAE peace agreement, Israel and the UAE are to establish full diplomatic relations, with the UAE becoming the third Arab state to recognize Israel. Bahrain has followed suit and is establishing full diplomatic relations ….

How to minimize or defer taxation on your trust’s 21st anniversary

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Trusts are an indispensable tool that can produce significant benefits in wealth optimization and estate planning. Trusts separate the management and control of an asset from its ownership. When correctly structured and maintained, a trust can save a family or group of individuals from overpaying taxes, while ensuring that all major financial decisions are made ….

The cross-border implications of life insurance taxation

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The purpose of life insurance is to provide tax-free funds to those we love in the event of our passing. Ultimately, we want the policy to offer more than just money; we want it to deliver peace of mind. When a family loses a loved one, the intensity of emotion is enough to deal with, ….

The non-resident’s guide to Canadian real estate

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Economic and political stability. Low unemployment rates. Excellent health care. It’s no wonder why so many people from across the world choose Canada as their ideal location for real estate investment. Home to many ex-pats, and a vacation favourite for global travellers, the Canadian market provides fertile ground for both overseas investors and new immigrants ….

Golf course restructuring: A return to profitability

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Canadian golf lovers and golf course owners breathed a collective sigh of relief when the sport was provided with reopening status relatively early in the easing of lockdown measures across the country. And while the disruption of business has been minimal compared to the economic crisis seen in other industries like hospitality and retail, the ….

Foreign Trustee vs. Canadian Trustee: What’s right for you?

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When choosing a trustee for your trust, the tax consequences are often not front of mind. But they should be. While the most critical qualities in a trustee are trustworthiness, financial acumen, and business know-how, having an understanding of how different trustees affect taxation is key to protecting your wealth. Many people are unaware that ….