CRA isn't there to help you. And very frequently they give wrong answers.
And unless you get it in writing, whatever the call center dudes tell you isn't formal advice. They can tell you the wrong thing, and there are no consequences.
https://www.oag-bvg.gc.ca/internet/E...2_e_42667.html
Much better idea to talk to a tax pro.
Quote:
Originally Posted by burnme
So sent an email to the lawyer who did our wills, they said "it could be a bare trust".
Talked to CRA and they said "we can't tell you if it is a bare trust or not, we can give you the definitions of it and then you must decide".
Still not sure...
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