Effective strategies that will reduce taxes are important to all taxpayers, whether they are estates or trusts or individuals. TD Private Client Group Estates and Trusts Taxation Specialists have the experience and comprehensive knowledge needed to help individuals minimize taxes for themselves and for their beneficiaries.

Tax planning is an integral part of the financial planning process. With a clear understanding of your goals, we can provide options to you on the opportunities to reduce or defer the taxes you pay.

Our Taxation Specialists offer assistance with Personal Income Taxes and Tax Services for Executors and Trustees.

Personal income taxes

At TD Private Client Group, we don't just think about how you can pay less tax this year. We conduct a comprehensive examination of the ways you currently earn income, your mix of investments, your retirement plans, your estate planning goals, and the tax situation of other members of your family.

Our team of tax, investment, estate, and retirement advisors incorporates all of these factors into a long-term financial and tax strategy. This allows you to take advantage of current legislation and enables you and your family to keep more of your money year after year.

With a clear strategy in place, we'll take care of your annual income tax return. You'll gain the peace of mind of knowing that each return is prepared and reviewed by a tax specialist to ensure accuracy, and that your taxes are minimized. Once submitted, we will take the initiative and deal with The Canada Customs and Revenue Agency on your behalf. We also calculate your quarterly tax installments and, if you wish, have them paid directly from your designated account within the TD Bank Financial Group.

Tax Services for Executors and Trustees

We are an industry leader in dealing with the issues that arise after death and guiding estates through The Canada Customs and Revenue Agency's complex requirements.

We address issues such as minimizing probate fees, planned giving, insurance to cover taxes, and establishing trusts to help beneficiaries realize tax advantages and preserve family assets.

These and other strategies all become part of a plan to reduce or defer taxes during your lifetime and after death.

We provide Executors and beneficiaries with tax planning advice on the special rules that apply to returns for deceased individuals and trusts. In the role of Executor, (through The Canada Trust Company) and as advisor to other Executors, we prepare thousands of estate and trust returns each year.

With this depth of experience, we're up-to-date in the ever-changing tax environment and the key tax issues relating to deceased individuals, such as -

• spousal rollover of property
• deemed disposition of capital property
• collapsing or transferring RSPs and RIFs
• medical deductions and charitable credits
• accrual of income to the date of death
• income tax elections to reduce or defer tax
• dividing income among several types of returns for a lower marginal tax rate

By preparing returns in a timely manner, accurately estimating the tax liability of the estate, and expediting the required clearance certificates, we can help Executors distribute an estate in a timely manner and conclude their responsibilities.

Annual returns for trusts are another important area of specialty. Through the effective use of various tax planning designations and elections, we can significantly reduce the tax burden for the trust's beneficiaries.

For generations, we've helped our clients and their families execute effective tax strategies. Strategies that can have an immediate impact on your taxes this year, and continue to help you and your family save money for years to come.

Whether your tax concerns relate to your personal estate, or trust returns, we offer you in-depth tax planning advice and professional service to help you minimize taxes while maximizing your income and investment returns.

An Invitation

We look forward to providing you with an analysis of your current tax situation and a strategy that makes tax planning an integral part of your overall financial program.

TD Private Client Group Estates and Trusts Specialists would be happy to answer any questions you may have. If you would like to learn more about our services or arrange a meeting with one of our Specialists, please contact the Estates and Trusts branch nearest you by consulting our Estates and Trusts Branch Directory.