Often people are focused on appointing a Power of Attorney (POA) in the event that they are unable to make their own decisions, but have you thought about guardianship? What happens if your POA is unable to make decisions on your behalf? This is where guardianship plays a role.

Did you know that a family trust can be used to transfer wealth and preserve family assets as well as reduce taxes in Canada? The key is understanding how a family trust works and how it may fit into your estate plan.

Life happens, and business owners would be wise to plan an organized, tax-efficient transfer of assets in the event of an untimely or unexpected death or incapacitation. Business owners work hard to accumulate wealth, so most probably don’t want their wealth to be used in ways that go against their wishes or for their heirs to be left with a significant tax liability. Two primary goals of estate planning, therefore, are to 1) distribute assets according to the owner’s wishes and 2) minimize tax liabilities.

Estate planning in Canada is not as difficult as many may think. This article covers the basics of estate planning for Canadian business owners.

Are you a high-net-worth individual, or one who is responsible for making financial decisions for a high-net-worth family? Are you searching for an all-in-one financial advisory “solution” for financial planning to preserve and build your wealth along with the execution of that solution (not just a financial “plan” alone)? If you have answered yes to these questions, then this article is for you.

For most, the best solution may be found by engaging a private wealth management firm along with trusted specialist referrals as necessary. For some individuals and families, greater intergenerational wealth and planned business transitions lead to increased financial complexities which require more personalization. These individuals and/or families may benefit from a singularly committed family office.

But what differentiates a “Private Wealth Management Firm” from a “Family Office” and which is best for your financial circumstances? Read this article to learn more.

Drafting a will is an essential step of any estate plan. But creating a will is not a one-time event. When should you update your will?

While the length of time between each update may vary, there are several life-changing events that may indicate it’s time to update your will. This article lists some of these events.