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The articles on this website reflect the authors understanding of the law at the time the article was written. The rules in tax law change regularly and the enclosed articles should be read for information purposes only. They do not necessarily represent the current state of the law. The Law must be applied to a particular set of facts. It is unsafe to draw conclusions about a particular set of facts without having them reviewed by a specialist.
This article summarises the methods available to trustees and trust beneficiaries for correcting mistakes related to the creation of family trusts. The most commonly used methods are described and the advantages and disadvantages to each are set out. The paper focuses on practice before the British Columbia Supreme Court.
