Asset Protection and Tax Planning

File the required Notice of Current Board Members and Addresses for Service after each change to the condo board with this free Form 8.

• Each time there is a change in the board members, whether through election, resignation, disqualification or replacement, this form must be filed with the Registrar.
• The form lists each current board member and their address for service.
• The Notice is being filed to comply with Sections 10.1 and 28(5) of the Alberta Condominium Property Act and intended to be used only in the Province of Alberta, Canada.
• This is a free form in MS Word format.

PLEASE NOTE: THIS PRODUCT IS NO LONGER AVAILABLE.

It has been replaced with a new Section 86 Rollover Agreement forms package.

If you have previously purchased this product and can no longer access it through your account, please email our Customer Support Team.

Make an exchange of land for shares under section 85 of the Income Tax Act (Canada) with this Asset Transfer Agreement.

• The parties are both Canadian corporate entities.
• The seller transfers the land to the buyer. In exchange the buyer assumes the mortgage on the land and issues shares of its capital to the seller.
• The parties agree to jointly file an election under Section 85.
• The Asset Transfer Agreement is part of an asset exchange (rollover) transaction.
• This document complies with Canadian tax laws and is only for use in Canada.

This in-depth article describes a variety of offshore structures available to residents of Canada, for the purpose of asset protection. In particular, opportunities in the Bahamas are discussed.

The article provides a variety of information, including:

• a summary of how each structure is established,
• the purposes, advantages and disadvantages of each type of structure,
• international business corporations,
• settlement trusts,
• international foundations,
• universal life insurance,
• international deferred compensation programs,
• income stabilization plans,
• individual and corporate funding methods.

Establishing an Offshore Structure for Canadians is intended for residents of Canada, and is provided in Adobe PDF format.

Do you want to learn how to manage your cash better? This 9-page info package for Canadians can show you how.

• How to Manage Your Cash to Increase Your Net Worth was developed to help Canadians manage their cash better, improve their personal bottom line and maximize their net worth.
• Topics include:
  • cash management pitfalls and options,
  • creating a household budget,
  • dangers of procrastination,
  • emergency cash planning,
  • debt management,
  • paying yourself.
• Available in PDF format.
• Aimed in Canadian residents and intended for use in Canada.

Exchange assets for common shares with this Nova Scotia Section 85 Asset Rollover Agreement template.

• The transaction is a rollover made pursuant to the Nova Scotia Companies Act and s. 85(1) of the Income Tax Act (Canada).
• The parties to the transaction are a company and a shareholder. The shareholder transfers the assets to the company in return for common shares.
• Section 109(2) of the Companies Act requires the parties to execute a contract in this form prior to the issuance of the common shares.
• This Section 85 Asset Rollover Agreement is a downloadable template in MS Word format.
• Intended for use only in the Province of Nova Scotia, Canada.

Roll over certain investments under Section 85 of the Income Tax Act (Canada) with this Ontario Section 85 Asset Rollover template.

• The vendor sells the investment assets to the purchaser, with part of the purchase price to be paid by way of preference shares in the capital of the purchaser, and the balance secured by a promissory note (included).
• The parties agree to file joint elections under Section 85(1) of the ITA and as required under the Ontario Corporations Tax Act.
• The file includes a Section 116 Affidavit of Residency to be sworn by a corporate officer of the vendor (if applicable).
• This Section 85 Asset Rollover of Investments is provided in MS Word format, and is fully editable to fit your specific circumstances.
• Intended for use only in the Province of Ontario, Canada.

Prepare a Section 85 Asset Rollover Agreement of Land for Preferred Shares with this easy-to-use template for Ontario, under Subsection 85(1) of the Income Tax Act (Canada).

• The vendor sells a parcel of land for fair market value to a holding company in exchange for preferred shares in the holding company (a rollover) with a redemption amount equal to the purchase price of the land.
• The parties agree to file joint elections as required under the Income Tax Act (Canada) and the Ontario Corporations Tax Act.
• The file includes a Section 116 Affidavit of Residency, to be sworn by a corporate officer of the vendor, if applicable.
• Available in MS Word format and fully editable to fit your specific circumstances.
• This is a Canadian legal form for use in the Province of Ontario.

Exchange (roll over) certain assets for preferred shares in an Ontario company with this Section 85 Rollover Agreement (Assets for Preferred Shares).

• The rollover is pursuant to Subsection 85(1) of the Income Tax Act (Canada).
• The vendor shareholder sells the subject shares to a holding company in exchange for preferred shares in the capital stock of the holding company with a redemption amount equal to the purchase price.
• The parties agree to file joint elections under Section 85(1) under the ITA and as required under the Ontario Corporations Tax Act.
• The file includes a Section 116 Affidavit to be sworn by a corporate officer of the vendor, if applicable.
• The document is available in MS Word format and is fully editable to fit your specific circumstances.
• Intended to be used only in the Province of Ontario, Canada.

Transfer shares under subsection 85(1) of the Income Tax Act (Canada) with this Ontario Section 85 Rollover Corporate Approval and Implementation Forms Package.

• The package of forms contains:
  • Bill of Sale and Indemnity, including the vendor's indemnity of the purchaser, and representations and warranties with respect to the sale;
  • Corporate Resolutions approving and authorizing the transaction;
  • Share Transfer Form transferring shares from the vendor to the purchaser;
  • Share Subscription from the vendor for new shares being issued by the purchaser as payment for the shares being transferred in the rollover.
• This package of forms is provided in MS Word format, and the forms are all fully editable to fit your specific circumstances.
• Intended to be used only in the Province of Ontario, Canada.