Sheryne Mecklai

About Sheryne:

Sheryne is a partner in Manning Elliott’s Tax Department, primarily focusing on estate planning and business succession services for Canadian owner-managed business in a wide range of industries. She has extensive experience working on engagements such as complex estate plans, cross border assignments and Canadian corporate, trust and personal tax compliance.

After obtaining her Bachelor of Business Administration from Simon Fraser University, Sheryne began her accounting career as an articling student with a local mid-sized accounting firm. She attained her CA designation from the Institute of Chartered Accountants of British Columbia in 2002. Before joining Manning Elliott in January 2014, Sheryne worked as a Senior Tax Manager for an international accounting firm.

Sheryne has always had an interest in teaching new tax practitioners and students. She has been involved in the CPA In-Depth Tax Course as a tutor for a number of years and now as a lecturer. Sheryne also teaches various seminars for the CPABC in the professional development program. Sheryne has spoken at a variety of internal and external tax update sessions focusing on private businesses and the issues and changes they face daily.

Sheryne is currently a board member of the Vancouver Fireworks Festival Society and a member of the organization committee for the Vancouver Estate Planning Conference. She also served as a member of the Grants and Review Board for the Ismaili community.

Sheryne Mecklai

Trusts – Opportunities and Limitations:

Trusts are put into place for many reasons including satisfying income tax and estate planning objectives.  However, new income tax reporting requirements and changes to disclosure requirements may make trusts less desirable in some situations.  During this session we will go through some of the estate and income tax benefits of trusts, discuss the limitations in the use of trusts and discuss some of the risk areas seen in the practice of implementing trusts and the ongoing management and maintenance of trusts.