Family First.
In Canada, when capital transitions from one generation to the next, a tax on accumulated wealth is also inherited. We cannot tell you that this tax can be avoided entirely, but with proper planning, strategic moves can be made to minimize the impacts felt by your heirs.
At Rutwind Brar, we monitor these potential issues throughout our relationship with our clients, providing expert advice based on best practices at regular intervals along the way. Estate planning can be as individual as the client and we work with you through the complexities of tax law to retain as much of your wealth as possible within your family.
We may also recommend a collaborative relationship with your legal advisors. This ensures that your intentions are clearly communicated on all documentation which will represent your wishes after your passing.