The Resource Usufruct in Quebec

Usufruct in Quebec

Label
Usufruct in Quebec
Title
Usufruct in Quebec
Creator
Subject
Language
eng
Summary
As in all civil law jurisdictions, usufruct is a recognized institution of Quebec law. However, unlike most European civil jurisdictions where usufruct is a popular estate planning technique, its use for estate planning has been eclipsed in Quebec by the trust. The principal features of the Quebec usufruct are canvassed in this article, along with the main reasons for the decline in popularity of the usufruct, such as the awkward tax treatment accorded to usufruct as a deemed trust and the mismatch between the deemed tax trust and the civil law trust. As illustrated by examples in the article, serious tax consequences can arise when foreign usufructs are imported into Canada
Citation source
In: Trusts & trustees. - Oxford. - Vol. 24 (2018), no. 1; p. 17-27
http://library.link/vocab/creatorName
Piccini Roy, M
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • usufruct
  • civil law
  • estate planning
  • trust
  • property law
Label
Usufruct in Quebec
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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