Discussions

Setting up a trust in Canada can be a smart move for estate planning, tax efficiency, and protecting family assets, but it often raises many questions. From choosing between family trusts, living trusts, or testamentary trusts to understanding tax reporting and compliance, the process can feel complex. This thread is for anyone considering a trust setup in Canada or already managing one. What challenges did you face during setup? What mistakes should be avoided? And what professional advice made the biggest difference for you? Let us share experiences, tips, and practical insights to help others make informed decisions.