What is a Family Trust and How Does it Benefit Business Owners?
A family trust in Canada is a legal relationship in which trustees hold and manage property, often the shares of a private company, for a group of beneficiaries such as a spouse and children. For business owners it is typically an inter vivos discretionary trust, used to support succession, flexible distributions, and planning for a […]
6 Estate Planning Tips to Help Your Family After You Pass Away
For most of us, the biggest tax bill we will ever pay in our lives is at death. Unfortunately, planning how to reduce that bill right before that inevitable day is often too late. With effective estate planning tactics in place, you can give yourself the peace of mind your family won’t have an additional […]