CANADA
Greenland
Law and Practice Contributed by: Ian M Hull, Suzana Popovic-Montag and Nick Esterbauer Hull & Hull LLP
Canada
Ottawa
USA
Contents 1. Contemporary Cultural Considerations in Succession Planning p.32 1.1 Social and Cultural Attitudes p.32 1.2 Wealth Profiles and Industry Influences p.32 2. Residency and Domicile for Purposes of Wealth and Estate Planning p.32 2.1 Determining Domicile p.32 2.2 Income Tax Residency p.33 3. Intestacy and Forced Heirship Laws p.33 3.1 Intestate Succession p.33 3.2 Forced Heirship p.34 4. Marital Property and Succession p.35 4.1 Property Regimes During Life and Deathtime Rights and Protections p.35 4.2 Prenuptial and Postnuptial Agreements p.35 5. Tax Treatment of Lifetime Transfers and Testamentary Dispositions p.36 5.1 Lifetime Transfers p.36 5.2 Testamentary Dispositions p.36 6. Lifetime Succession Planning Mechanisms p.37
7. Succession of Digital Assets p.37 7.1 Legal Framework p.37 7.2 Planning Considerations p.38 8. Family Business Succession Planning p.38 8.1 Succession Strategies p.38 8.2 Legal and Tax Considerations p.39 9. Trusts, Foundations and Related Entities p.40 9.1 Choice of Planning Vehicle p.40 9.2 Recent Developments Affecting Planning Vehicles p.41 10. Fiduciary Regulation, Standards and Taxatio n p.41 10.1 Corporate and Professional Fiduciaries p.41 10.2 Taxation of Trusts p.42 11. Planning for Non-Traditional Families p.42 11.1 Succession Rights and Estate Taxes for Non- Traditional Families p.42 11.2 Conflicts and Divergent Laws p.43 12. Cross-Border Succession Planning p.44 12.1 Taxation of Cross-Border Estates and Transfers p.44
6.1 Common Planning Techniques p.37 6.2 Tax and Regulatory Constraints p.37
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