Move from basic trust compliance to higher-value advisory work by mastering the fundamentals and advanced rules governing domestic trusts. You’ll develop a working understanding of trust relationships and the roles of settlors, trustees, and beneficiaries, alongside the key Income Tax Act provisions, case law, and CRA administrative positions that shape trust taxation. The advanced component focuses on planning opportunities, technical traps, and complex family trust issues—including areas like tax on split income (TOSI). Together, the courses help you issue-spot risks earlier, communicate implications clearly, and propose practical solutions.

Courses Include:

• Taxation of Domestic Trusts: Fundamentals
  This course provides an overview of trust relationships, how to complete basic returns for trusts and their beneficiaries, and how to identify and communicate basic tax planning benefits and opportunities that involve family trusts. This course reviews the basic tenants of trust law, the provisions of the Income Tax Act, case law and CRA administrative positions that are fundamental to the taxation of trusts.
   
• Taxation of Domestic Trusts: Advanced
  This course covers tax issues surrounding family trusts, with a focus on complex tax planning opportunities and tax traps. Issues are discussed in both the inter vivos and testamentary context. The course will support participants to move from a compliance-based trusts practice to an advisory-based practice.

Unlock learning anytime, anywhere with the Blackboard Learn app

Seamlessly access your on demand courses, assignments, and get PD hours on the go. Learn how to download now and elevate your education experience with the convenience of mobile learning.

Upon completion of this bundle, learners will be able to:

• Understand trust relationships and the rights/duties of key parties (settlors, trustees, beneficiaries).
• Prepare or review domestic trust returns and related beneficiary reporting with greater confidence.
• Identify planning opportunities and common compliance pitfalls in inter vivos and testamentary contexts.
• Recognize advanced trust tax traps and develop strategies to address them (including TOSI considerations).
• Shift from compliance-only work to stronger advisory conversations with clients and other professionals.