@calmmoneycoach: Do You Actually Need a Trust? Every trust in Canada pays 53.53% tax from dollar one on income it keeps. That is higher than most people pay personally. But when a trust distributes income to a beneficiary, the trust does not pay tax on it. The beneficiary does, at their rate. That is the entire game. A trust is not a tax shelter. It is a routing tool. This video covers the GRE (which can save your estate $60K to $80K), the trust every parent with young kids should know about, and five questions to figure out if any of this applies to you. Every situation is different. This is educational, not advice. #estateplanning #trusts #canadianfinance #PersonalFinance #cpa