At the 21 year mark, a trust is deemed to have disposed all of its assets at fair market value. And while that doesn’t mean that the beneficiaries lose the ...
Ownership transition strategies: 4 factors to bridge the generation gap
If there is a single constant in the world of business, it’s change. Savvy and successful business owners know that when things get a little too comfortable, it’s often a ...
The non-resident’s guide to Canadian real estate
Economic and political stability. Low unemployment rates. Excellent health care. It’s no wonder why so many people from across the world choose Canada as their ideal location for real estate ...
Building a legacy wealth plan: Strategic planning expert Jonah Bidner shares what you need to know
In this uncertain time, the last thing you need to worry about is the future of your legacy wealth plan. It’s impossible to accurately forecast everything that will take place ...
6 key facets to a successful family enterprise
A family enterprise can be recognized today as an important and distinct organization in the world economy, operating in every country. Although family businesses have been described as unusual business ...
Prescribed rate reductions could mean savings for your family
Back in April of 2018, the prescribed rate increased from 1% to 2%. Previously, the rate had remained stable for several years, aside from a brief hike for one quarter ...
Your estate trustee needs these 7 qualities
Selecting a trustee or executor for your estate is among the most important decisions you’ll make in the estate planning process. Many people automatically assume that the role should be ...
5 essential qualities to seek in a trusted advisor
Being a business owner means having to take action in the face of uncertainty. No matter how much education you’ve amassed, or how many years you’ve been in business, to ...
The future of Family Businesses in Canada
Family businesses in Canada have come a long way from their humble beginnings. Far from simply representing a few scattered enterprises, family business is the backbone of the Canadian economy. ...