I recently got retained to defend what appeared to me to be a bogus Statement of Claim. By bogus, I mean it had little to
Why So Many Canadians Are Establishing Offshore Trusts in the Cook Islands
A few days ago, I had a meeting with one of my Trustee companies that I use in the Cook Islands to set up Offshore
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Should You Make Your Asset Protection Trust Revocable or Irrevocable ?
When you set up an Asset Protection Trust, I recommend that you make it an irrevocable trust in an offshore jurisdiction. The reason for this
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How Long Does It Take to Set Up an Offshore Asset Protection Trust?
If you are looking to set up an Offshore Asset Protection Trust, how long it will take to set it up depends on how long
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How to Become a Tax Resident of Paraguay
Paraguay is one of the easiest and quickest countries to get resident status. It is also very tax friendly for individuals and businesses. There is
How Much Does an Offshore Asset Protection Trust Cost
That’s one of the first questions people usually ask me when they are thinking about establishing an Offshore Asset Protection Trust. The cost of setting
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Do you really need an Offshore Asset Protection Trust?
In previous posts, I’ve written about establishing an Offshore Asset Protection Trust to protect your assets from lawsuits and creditors. Setting up and maintaining an
Read MoreDo you really need an Offshore Asset Protection Trust?
Four Reasons You should Have an Offshore Bank Account
Remember back in 2022 when the Trudeau Government invoked the Emergency Measures Act to freeze the bank accounts of anti-vaccine protestors? Approximately 300 accounts holding
Read MoreFour Reasons You should Have an Offshore Bank Account
The deadline to make your RRSP contribution is Feb 29
You have 60 days after the end of the year to make your RRSP contribution for the previous year. This means that February 29, 2024
Read MoreThe deadline to make your RRSP contribution is Feb 29
3 Ways to Deal with an Arbitrary CRA Assessment
If you don’t file your tax returns the Canada Revenue Agency (“CRA”) can estimate your income and issue a notional tax assessment against you called