TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
BYPASS TRUST [1 record]
Record 1 - internal organization data 2008-10-08
Record 1, English
Record 1, Subject field(s)
- Law of Trusts (common law)
- Law of Estates (common law)
- Property Law (common law)
Record 1, Main entry term, English
- bypass trust
1, record 1, English, bypass%20trust
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
Agreement allowing parents to pass assets on to their children to reduce estate taxes. The trust must be made irrevocable, meaning that the terms can never be changed. Assets put in such a trust usually exceed the amount that children and other heirs can receive tax free at a parent's death. 2, record 1, English, - bypass%20trust
Record number: 1, Textual support number: 1 CONT
A bypass trust is particularly useful for spouses who plan their estates together. By leaving property to each other in bypass trust form, they can guarantee that the property will only be taxed once between the two of them. 3, record 1, English, - bypass%20trust
Record 1, French
Record 1, Domaine(s)
- Droit des fiducies (common law)
- Droit successoral (common law)
- Droit des biens et de la propriété (common law)
Record 1, Main entry term, French
- fiducie d'évitement fiscal
1, record 1, French, fiducie%20d%27%C3%A9vitement%20fiscal
proposal, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- fiducie à des fins d'évitement fiscal 1, record 1, French, fiducie%20%C3%A0%20des%20fins%20d%27%C3%A9vitement%20fiscal
proposal, feminine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Fiducie créée par une convention expresse irrévocable en faveur des membres de la famille en vue de réduire le paiement des impôts au moment de la succession. 1, record 1, French, - fiducie%20d%27%C3%A9vitement%20fiscal
Record number: 1, Textual support number: 1 OBS
Évitement fiscal : au Canada, fait de parvenir par des moyens légaux à différer, réduire ou éluder complètement le paiement de ses impôts. 2, record 1, French, - fiducie%20d%27%C3%A9vitement%20fiscal
Record 1, Spanish
Record 1, Textual support, Spanish
Copyright notice for the TERMIUM Plus® data bank
© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau
Features
Language Portal of Canada
Access a collection of Canadian resources on all aspects of English and French, including quizzes.
Writing tools
The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.
Glossaries and vocabularies
Access Translation Bureau glossaries and vocabularies.
- Date Modified: