Estates & Trusts
The services offered by our Estates & Trusts Group include Administration, Estate/Tax Planning and Valuation for Executors, Beneficiaries and their professional advisors.
The Administration Group handles the tax and related filing requirements for all of our estates and trusts. This area of our practice continues to increase exponentially, as the talented people who created the last half-century of wealth in Canada inevitably pass on their wealth to the next generation.
The Estate/Tax Planning Group helps families augment their net worth during their lifetimes by offering tax-efficient techniques to reduce tax costs. We develop customized tax strategies to meet the family's goals and to tailor the passing of assets to the next generation.
The Business Valuation & Litigation Support Group assists executors and lawyers by providing support in determining fair market values of the estate. Why? The deceased is treated for tax purposes as having sold all of his or her worldly goods for fair market value consideration (except for spousal rollovers and the like). From both an income tax and probate fee perspective, the estate might be liable for tax and/or fees as a result of this event.
For more information on our Estates & Trusts services, please contact any one of the professionals listed under "Key Contacts" to the right.