Start the Conversation: Wealth and Estate Planning for Digital Assets
When people think about their wealth, they often picture traditional asset classes such as cash, stocks, bonds, real estate, or perhaps more unique holdings like art or coin collections. Historically, these assets have formed the foundation of most families’ wealth, however, in today’s digital world, another category of assets has quickly been growing in importance: digital assets
Executor’s Checklist
As an estate executor, you may face unfamiliar responsibilities and questions, during an often highly emotional time. The good news is your Wellington-Altus advisor and our experienced team of tax and estate professionals are here to help. Among the various tools and estate planning strategies available to you, we’ve created this handy checklist* which outlines […]
How To Navigate Real Estate As Part of Family Wealth Transfers
Transferring real estate holdings within families is often complex. But whether it’s the disposition of a primary home, cottage or rental property, the process is one more Canadians and their financial professionals will have to plan for extensively.
Foreign Spin-offs
Many Canadian shareholder investors (“investor”) own foreign securities. Occasionally a foreign corporation (“original corporation”) will spin-off a subsidiary or business line to its shareholders, so the subsidiary becomes a separate, publicly traded corporation (“spin-off corporation”).
No Drama: Plan for a Smooth Family Business Succession
Succession planning is vital to ensuring the orderly transition of a family business from one generation to the next.
Estate Planning: Getting the Details Right
When it comes to estate planning, co-ordination of documents and details such as beneficiary designations matter. A lack of planning and out of date or incomplete documentation can result in additional costs, delays and taxes for your estate
Naming Your Executor: Friend or Pro?
A key element of estate planning is choosing an executor, someone you trust to carry out the instructions in your will. To ensure that the administration of your estate is completed efficiently and economically, it’s important to carefully evaluate your needs and choose your executor wisely.
