Clients who move assets into an Alter Ego Trust (AET) or Joint Partner Trust (JPT) are able to avoid probate fees (1.4% in British Columbia) on these assets on their death.
This probate fee avoidance is one of the main features which make an AET or JPT attractive to clients over 65.
In addition to other legal and tax benefits, the calculator below will help provide a cost-benefit analysis to see if an AET or JPT could be suitable for you based purely on probate fee savings*.
Does an AET or JPT seem suitable for you?
Book a consultation for a deeper analysis of your situation.
*Disclaimer: The figures presented above are mere estimations and are not to be considered tax or legal advice that may be relied upon by you. Please consult with your lawyer or tax professional for such advice. Lumina Law is not responsible for any actions or decisions taken or not taken by you as a result of use of this resource.
**Please contact us for a Fee Quote.
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