An arrangement where the trustee holds legal title only, with no discretion.
In Islamic law
Where a parent adds one child to title, the question of whether it was a gift or a bare trust determines whether the asset is divided among all heirs.
In Canadian law
Often arises where a parent adds a child to title for convenience. Recent CRA reporting rules have made these far more visible.
Making an Islamic will in Canada — province by province, and what makes one valid where you live →
We have not yet researched whether the four Sunni schools differ on this term, so we are not going to tell you either way. Where a specific case turns on it, ask a qualified scholar rather than relying on a general summary.
Canadian legal detail
Treadstone Law, an Ontario firm with a wills and estates practice, covers the Canadian side of this in more depth:
- Bare trust ontario new reporting rules cra
- Bare trust reporting ontario individuals
- What is a bare trust ontario
This is legal information only. For advice on your own circumstances, speak to a lawyer.
Citations & sources
Every factual claim on this page traces to a source below. Details change — check the original source before relying on any figure, fee or legal position. Anything under “further reading” is related material, not a source for what is stated here.
- T3 Trust Guide — Canada Revenue Agency
- Bare trust ontario new reporting rules cra — Treadstone Law
- Bare trust reporting ontario individuals — Treadstone Law
- What is a bare trust ontario — Treadstone Law
- Trust reporting rules disclose beneficiaries — Treadstone Law
- Wills & estates practice — Treadstone Law