cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
lovers
Level 4

T# Trust Returns

A Client passed away and CRA assessed the T3 return for 2015.   The estate of his mother from Ireland was sold in put in probate in Ireland.  The funds have been received in Canada and are in trust and will be sent off to the Public Guardian.  The funds will  then be distributed to the 19 year old son .. For the 16 year old daughter the funds will be held by the Public Guardian till she turns 19.  The amount to be held will be approx 15000.00.  As a trust has been open will trust returns have to be completed for 2016, 17 18 19 20 ect.  There is no interest on the funds?  Just need a little advice