It can feel overwhelming to a business owner, the thought of embarking on a plan for succession/transition of their business. Particularly when the transition plan involves some or all their children. Commonly, the owner has a vision for the endpoint but does not have the map to get there. Navigation is the role of the […]
SHAREHOLDERS’ AGREEMENT: AN ESSENTIAL INGREDIENT IN THE FAMILY SUCCESSION PLAN Read More »
It’s undeniably an exciting era for young women with boundless opportunities and open doors. Each woman’s journey is unique, filled with different experiences and challenges. Despite these differences, there are fundamental skills or life principles that young women should cultivate for a balanced and fulfilling life. GET TO KNOW YOURSELF AND BE HONEST WITH YOURSELF.
IT’S AN EXCITING TIME TO BE A YOUNG WOMAN Read More »
You know you should do it – make an estate plan. Do a last will and testament and your powers of attorney. Don't let the government take more than necessary; protect your beneficiaries. But what happens if you don't listen and you have no will or estate plan? Is it really that bad? Answer –
WHAT HAPPENS IF I DIE WITHOUT A WILL? WHAT'S ALL THE FUSS ABOUT? Read More »
Generally, you can designate a beneficiary for your RRSPs. If you do, generally the RRSP will be paid to your designated beneficiary on your passing. The RRSP will not form part of your Estate and, therefore, not be subject to Ontarios estate administration tax. However, the problem: the federal Income Tax Act provides that, even
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