Tax and Estate Planning

Estate planning is not always an easy topic to deal with, but having a thought-out plan in place is important for not only you but your beneficiaries. In Canada there are no “estate taxes” – taxes owed on the entire value of an estate. However, your estate may be subject to probate or income taxes. These are paid out of your estate, reducing the amount paid to your beneficiaries. Probate and taxes are foremost considerations when planning your estate. We will help you through this process by making sure that you have an up to date Will, Life Insurance, Power of Attorney for Property, Power of Attorney for Personal Care and Business Succession Planning.