Society of Trust and Estate Practitioners (Canada)

Transcription

1 STEP CANADA 9 TH NATIONAL CONFERENCE Metro Toronto Convention Centre, 255 Front Street West (South Building), Toronto Society of Trust and Estate Practitioners (Canada) Whether your practice involves legal work, accounting, insurance or financial planning, domestic or international, you will find this two-day conference filled with valuable information at an advanced level. Financial support from our sponsors is greatly appreciated. PLATINUM SPONSOR PRESENTING SPONSOR GOLD SPONSORS SILVER SPONSORS BRONZE SPONSORS ATTORNEYS LLP

2 Conference Program Thursday June 7, 2007 Conference binder, bag and CD courtesy of Platinum Sponsor Royal Bank of Canada Speaker and Participant gifts courtesy of Presenting Sponsor Cidel Trust Company (Alberta) 8:00 a.m. Registration and Continental Breakfast Continental breakfast sponsored by Silver Sponsors CLARICA ESTATE & FINANCIAL PLANNING SERVICES TD WATERHOUSE - PRIVATE CLIENT SERVICES 8:30-8:45 8:45-10:15 Welcome and Special Recognition of Sponsors Opening remarks GRACE CHOW CA, TEP, Cadesky and Associates (Toronto), Chair, STEP Canada RICHARD PEASE TEP, Lenz & Staehelin (Geneva), Chairman, STEP Worldwide Practitioners Update Chair: GRACE CHOW, CA, TEP, Cadesky and Associates (Toronto), Chair, STEP Canada The latest on tax, trust, family and commercial issues affecting estate planning. SUSAN ST. AMAND, CFP, CLU, CH.F.C., TEP, Sirius Financial Services (Ottawa), Chair, STEP Ottawa KIMBERLY WHALEY, LLB, LLM, TEP, Whaley Hollaman LLP (Toronto) MARTIN LORD, LLB, M Fisc, TEP, Robinson Sheppard Shapiro LLP (Montreal) Chair, STEP Montreal 10:15-10:35 Refreshment Break Sponsored by Bronze Sponsors THORSTEINSSONS LLP ALTRO RACICOT HULL & HULL LLP 10:35-12:05 TOPICAL ISSUES Chair: NANCY GOLDING, TEP, Borden Ladner Gervais LLP (Calgary), Chair, STEP Calgary 10:35-11:05 Charities/Private and Public Foundations Update on changes and developments in the charities area; new rules for private and public foundations, and donation strategies. ROBERT B. HAYHOE, LLB, LLM, TEP, Miller Thomson LLP (Toronto) 11:05-11:35 Income Trusts What the proposed changes mean for income trusts and clients who own them; which income trusts are affected, how, and what is the next step if you are an income trust. JULES LEWY, TEP, Fraser Milner Casgrain LLP (Toronto) 11:35-12:05 The Estate Plan Gone Astray Can a good estate plan lead to a bad estate dispute? A look at what not to do when designing an estate plan. JORDAN ATIN, TEP, Hull & Hull LLP (Toronto) PAGE 1

3 Conference Program Thursday June 7, :05-1:45 Luncheon MR. JUSTICE DAVID HAYTON TEP (Hon), MA, LLB, LLD, Caribbean Court of Justice (Trinidad) Luncheon sponsored by Gold Sponsors TITLE RESEARCH O SULLIVAN ESTATE LAWYERS PROFESSIONAL CORPORATION 2:00-5:00 Concurrent Half-Day Sessions U.S.-Canada Cross Border Planning Session A Chair: MICHAEL CADESKY, FCA, TEP, Cadesky and Associates (Toronto), Vice-President, STEP Worldwide Two case studies on U.S.-Canada issues. Case One deals with a Canadian who dies owning U.S. assets and the planning that could have been done to prevent the disastrous result that has occurred. Case Two involves a Canadian estate with U.S. beneficiaries and the tax considerations in each country. Participants are encouraged to read the case studies in advance and will be given a full solution at the conclusion of each session. STANLEY A. BARG, TEP, Duane Morris (New York), Editor, STEP US Journal, Co-Vice Chairman, STEP New York MICHAEL CADESKY, FCA, TEP, Cadesky and Associates (Toronto), Vice-President, STEP Worldwide TIM DUHOLKE, FCA, TEP, Sheinin & Co (Vancouver) LAWRENCE H. HELLER, TEP, Bryan Cave LLP (Los Angeles), Chair, STEP Los Angeles EDWARD NORTHWOOD, TEP, The Ruchelman Law Firm (Toronto), Board Member, STEP Toronto Emerging Issues in Trust and Estate Law Session B Chair: MARGARET O SULLIVAN, TEP, O Sullivan Estate Lawyers (Toronto), STEP Council Selected topics of interest to trust and estate lawyers and administrators, areas of possible reform, and emerging issues in Canada and worldwide. KATHLEEN CUNNINGHAM, LLB, MTI, TEP, Royal Trust Corporation of Canada (Vancouver), Chair, STEP Vancouver MR. JUSTICE DAVID HAYTON, TEP (Hon), MA, LLB, LLD, Caribbean Court of Justice (Trinidad) RICHARD PEASE, TEP, Lenz & Staehelin (Geneva), Chairman, STEP Worldwide ARCHIE RABINOWITZ, TEP, Fraser Milner Casgrain LLP (Toronto) 3:20-3:40 Refreshment Break Sponsored by Bronze Sponsors BARBADOS DEVELOPMENT AND INDUSTRIAL CORPORATION MILLER THOMSON LLP GAM 6:00 p.m. Social Event - Far Niente Restaurant 6:00-7:00 Reception 7:00 Dinner. Separate pricing for this event, which includes a welcome drink, dinner and wine. Sponsored by Platinum Sponsor ROYAL BANK OF CANADA PAGE 2

4 Conference Program Friday June 8, :00 a.m. 8:30-10:10 10:10-10:30 Continental Breakfast Continental breakfast sponsored by Silver Sponsors CIBC PRIVATE WEALTH MANAGEMENT In-Depth Analysis of Eligible Dividend Rules SCOTIA PRIVATE CLIENT GROUP Chair: KIM G C MOODY, CA, TEP, RSM Richter LLP (Calgary), Treasurer, STEP Canada Selected areas impacted by the new eligible dividend rules will be examined in depth and will include the following: estate freeze strategies, post-mortem estate planning, buy-sell agreements, structuring and assessing life insurance needs, strategies for sale of a business, remuneration for owner-managers. JAMES KRAFT, CA, MTax, TEP, CFP, Manulife Financial (Toronto) KIM G C MOODY, CA, TEP, RSM Richter LLP (Calgary), Treasurer, STEP Canada PETER WEISSMAN, CA, TEP, Fuller Landau LLP (Toronto) Refreshment Break Sponsored by Bronze Sponsors CCH CANADIAN LIMITED FASKEN MARTINEAU DUMOULIN LLP HODGSON RUSS LLP 10:30-12:00 Practical Workshops Legal Issues Practical Workshop 1 Alter Ego and Joint Partner Trusts Chair: JOHN POYSER, LLB, TEP, Inkster Christie Hughes (Winnipeg), Chair, STEP Winnipeg Uses of alter-ego and joint partner trusts, drafting issues, tax consideration. What are the pros and cons of using the alter-ego and joint partner trusts, as compared to leaving assets under a Will? TIMOTHY MATTHEWS, QC, LLB, BCL, TEP, Stewart McKelvey Stirling Scales (Halifax), Chair, STEP Atlantic Provinces JOHN POYSER, LLB, TEP, Inkster Christie Hughes (Winnipeg), Chair, STEP Winnipeg TIMOTHY YOUDAN, TEP, Davies Ward Phillips & Vineberg LLP (Toronto) Insurance Issues Practical Workshop 2 Domestic vs. Foreign-Issued Insurance Chair: GREG MCNALLY, LLM, JD, LLB, Offshore Consulting.ca. (Toronto) Review the reasons for using domestic and foreign-issued policies, and factors to be canvassed when considering options in relation to the policies. CHARLES C. GAGNON, BCL, LLB, TEP, Stikeman Elliott (Montreal), Board Member, STEP Montreal PETER EVERETT, LLB, CLU, TEP, PPI Partners (Toronto) Estate and Trust Issues Practical Workshop 3 Non-Tax Canada/U.S. Cross Border Issues Chair: CAROLE SPOONER, CA, TEP, Meyers Norris Penny LLP (Edmonton), Chair, STEP Edmonton Vital issues that need to be addressed in a move to the U.S.: Wills, insurance, health coverage, immigration, investment accounts and investment advisors. EILEEN MARTIN, Hodgson Russ LLP (Buffalo and Toronto) SANDRA CLEMENTI, RBC Global Private Banking, International Advisory Group CAROL FITZSIMMONS, Hodgson Russ LLP (Buffalo and Toronto) TIM MCFARLAND, John Hancock Life Insurance Company (USA), Assistant Vice President and Associate Counsel, Advanced Markets (Boston) PAGE 3

5 Conference Program Friday June 8, :00-1:30 1:30-3:00 Luncheon Luncheon sponsored by Gold Sponsors RSM RICHTER LLP THOMSON CARSWELL Practitioner CRA Round Table Chair: ROBIN MACKNIGHT, TEP, Wilson Vukelich LLP (Toronto), Board Member, STEP Canada A series of questions will be put to representatives of CRA. MARY ANNE BUESCHKENS, MBA, LLB, TEP, Heenan Blaikie LLP (Toronto), Chair, STEP Toronto PAUL LEBREUX, LLB, LLM, TEP, Bayshore Wealth Management Corporation (Toronto), STEP Council THERESA MURPHY, TEP, Manager, Trusts Section, Income Tax Directorate, Canada Revenue Agency (Ottawa) ANNEMARIE HUMENUK, Rulings Officer, Trusts Section, Income Tax Directorate, Canada Revenue Agency (Ottawa) 3:00-3:20 STEP S Wish List If STEP were given 20 minutes to redraft the Income Tax Act, what would we keep and what would we scrap? MICHAEL CADESKY, FCA, TEP, Cadesky and Associates (Toronto), Vice-President, STEP Worldwide PAGE 4

6 STEP CANADA 9 TH NATIONAL CONFERENCE Metro Toronto Convention Centre, 255 Front Street West (South Building), Toronto Society of Trust and Estate Practitioners (Canada) 2225 Sheppard Avenue East, Suite 1001, Toronto, ON M2J 5C2 Tel: or Fax: stepcanada@step.ca Conference Hotel InterContinental - Toronto Centre 225 Front Street West Toronto, Ontario M5V 2X3 Phone: or (Canada and US) Website The hotel is adjoining to the Metro Convention Centre, where our meetings are located.