Amendments Proposed To Correct Treatment of Discretionary Trusts in BC’s Family Law Act

Yesterday, the BC Legislature tabled Bill 14, which includes important amendments to BC’s Family Law Act (FLA).  The current version of the FLA contains problematic provisions with respect to discretionary trusts.  A complete version of Bill 14 is available online at:  The specific amendments regarding discretionary trusts are at sections 10-13.

Prepared by: Noah Sarna

Noah is a partner practising in the firm’s Toronto office. Noah’s practice focuses on all aspects of commodity tax, including Goods and Services Tax/Harmonized Sales Tax, land transfer taxes, foreign buyer taxes and vacancy or underuse taxes. Noah assists his… more »