A trust could be right for you if you have any of these estate
planning objectives –
- Support a beneficiary with special
needs
- Provide income to a loved one for life
without the burden or responsibility of managing the trust's
assets
- Provide ongoing support to a favourite
charity
- Maintain privacy – unlike a
Will, a trust agreement can remain a private document between you
and your trustee
- Continue the education or support of a
beneficiary, such as a child or grandchild
- Hold in trust a family member's share of
your estate until the individual reaches an age you consider
appropriate
- Hold an important asset, such as a cottage
or family business
- Provide for children from a previous
marriage while providing for your present spouse during their
lifetime
- Protect and retain assets within the
family bloodline
TD Waterhouse Estate and Trust Specialists can provide you with
professional advice and administration for both living and
testamentary trusts.
Learn more about –
Advisory services
If a trust is right for your needs, TD
Waterhouse Estate and Trust Specialists can provide you with
professional advice on –
- The role of a trust within your overall
financial plan
- The structure of your trust agreement
- A comprehensive, long-term strategy to
protect and transfer your assets
- The ongoing management and administration
of your trust
As trusts can remain in existence for generations, Estate and
Trust Specialists work hard to build a close relationship with your
family and other beneficiaries. In many cases, beneficiaries ask us
to help them with their own personal financial affairs, such as
investments, tax and estate planning. The fact that we have
remained trusted advisors to families over many generations
demonstrates our ability to act impartially, efficiently
and with understanding.
Administrative services
Professional administration is also vital
to the long-term success of your trust. We can take care of
–
- Custody and safekeeping of assets
- Collection and distribution of income and
capital
- Comprehensive reporting to
beneficiaries
- Trust tax planning, preparation and
filing
- Maintenance of personal financial
records
- Access to professional investment
management solutions
In addition, your trust and its beneficiaries will have the
benefit of our professional advice in
taxation,
the management of private businesses, and charitable
trusts.
How we can help
TD Waterhouse Private Trust, through The Canada Trust Company, can help in any of
the following ways –
- As Corporate Trustee,
managing the trust assets, providing administrative services
throughout the lifetime of the trust, and being accountable to the
beneficiaries
- As Co-Trustee, sharing
the major decisions with a family member or other advisor
- As Agent to the Trustee, providing
administrative and management support at the request of
someone who has been chosen to be a Trustee
- As Alternate Trustee,
named to step in if the Trustee dies or is unwilling to fulfill
their obligations
In all cases, you'll gain –
- The convenience of having
a dedicated Estate and Trust Specialist to coordinate all
services
- The efficiency of having
access to a team of Specialists for estate, trust, tax and
investment matters
- The peace of mind of
knowing that you will receive sound advice and professional estate
administration
Trusts for now and for the future
In most cases, one of the following two
types of trusts will meet your needs –
An inter vivos or "living" trust is arranged
during your lifetime. The assets are transferred to a Trustee, such
as TD Waterhouse Private Trust, through The
Canada Trust Company, that ensures that the terms of the
trust are carried out and that the trust is professionally managed.
An inter vivos trust often becomes the foundation of your estate
plan.
A testamentary trust is set up under the
provisions of your Will and can consolidate your estate plan for
your heirs. Upon your death, the assets are retained in trust and
administered according to the instructions given in your Will.
Contact us today
If you're looking for an
experienced professional to help you set up or manage a trust,
simply
contact the TD Waterhouse Private Trust
office nearest you to arrange a meeting with one of our
Specialists or call 1-866-280-2022.
|
