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Canada Alter Ego Trust Deed - $27.99
Document Id : 5422
File Type : Microsoft Word
Prepare an Alter Ego Trust Deed with this easy-to-use template, pursuant to the provisions of the Income Tax Act (Canada).
- An alter ego trust can only be set up for an individual aged 65 or older.
- The individual has the exclusive right to receive all income from the trust.
- No other person, prior to the individual's death, may receive or otherwise obtain the use of any part of the trust's income or capital.
- Upon the death of the individual, the trust will hold any remaining assets for the benefit of other beneficiaries named in the Trust Deed. The trust will be able to distribute those assets to the other beneficiaries without the assets having to go through the probate process.
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