Estate Planning

An Estate Plan Is An Essential Part Of Any Sound Financial Strategy.

People do not like to think about estate plans and what occurs after you pass on, the truth is with an estimated $1 trillion expected to pass from the hands of one generation of Canadians to another over the next two decades, planning for this large financial shift should be a primary concern to the more than six million Canadians aged 55 and older.

We guide you through the creation of an estate plan, while identifying associated tax implications. Throughout the process we create a better understanding of the issues surrounding estate planning, so you can make informed decisions about the future of your assets. Some of the common objectives we consider when creating an estate plan include:

• previewing wills and powers of attorney (addition)
• reviewing shareholder agreements and funding of buy out clauses
• providing for loved ones;
• distributing assets according to your wishes;
• ensuring responsible guardians for children and dependents; and
• maximizing the value of assets.
• more complex issues involved in estate planning may include minimizing taxes associated with business succession;
• loss of assets;
• delays in estate settlement; and
• financial burden for the family

Personal

• reviewing wills and powers of attorney (addition)
• providing for loved ones;
• distributing assets according to your wishes;
• ensuring responsible guardians for children and dependents; and
• maximizing the value of assets
• providing for family expenses in light of delays in estate settlement

Business

• reviewing shareholder agreements and funding of buy-out clause
• providing for smooth business succession
• providing value for the estate

Contact us for a free consultation.