How to pass the cottage to the kids May 22, 2008
Transfer the property to an inter vivos trust. If you're transferring ownership to a minor child or grandchild, or if you simply want maximum control over the property during your lifetime, a trust set up during your lifetime may be your best option. (Globe and Mail -- Business)
Canetic Resources Trust announces strong year-end operating and financial results and reserves for 2006 Mar 9, 2007
5% Debentures") on May 26, 2005. The StarPoint 6.5% Debentures mature on July 31, 2010 and are convertible at any time, at the option of the holder, into the trust units of Canetic at a conversion price of $18.96 per trust unit. The StarPoint 6.5% Debentures are not redeemable at the option of the Trust on or before July 31, 2008. After July 31, 2008, and prior to the maturity date, the StarPoint 6.5% Debentures may be redeemed in whole or in part, at a price of $1,050 per debenture after July... (PR Newswire)
Dodging 'sham' trusts| Dec 22, 2006
A living trust (otherwise known as an Inter Vivos Trust) is one of the most significant achievements in Anglo-Dutch law, rivalling the concept of corporations in importance. Like a corporation, a trust is a kind of 'legal fiction' which takes on many of the rights and attributes of a person. (iAfrica.com)