Ever thought about gifting a property to your children? I recently had this very discussion with my own aging parents. This resulted in some important discussions about our family home, their goals and consideration for the tax outcomes of any decisions made... 04 Dec

Transferring the Family Home: Considerations for Canadians

Being an executor doesn’t end when you hand out the last inheritance check. Your legal liability stretches far beyond the day you think you’re done, and the mistakes that trigger lawsuits aren’t always obvious when you’re making them. 28 Nov

Executor Personal Liability: Mistakes That Trigger Lawsuits

It is generally unreasonable to expect an executor to work for free, or for less than the standard rate, given the considerable amount of work involved. For potential executors, clarity about compensation helps them make informed decisions about accepting the role. 04 Nov

Is it Reasonable for an Executor to Expect Compensation?

A multijurisdictional approach uses one document, whereas a cross-jurisdictional approach uses multiple, separate documents. Both require specialized legal advice to navigate differences in foreign laws, such as forced heirship rules, and to ensure wishes are carried out effectively.  03 Nov

Multi-Jurisdictional vs Cross-Jurisdictional Estate Planning

Several legitimate strategies exist for minimizing or avoiding capital gains tax on inherited property in Canada. Understanding these options helps preserve family wealth across generations. 29 Oct

Can You Avoid Capital Gains Tax on Inherited Property in Canada?

Texas doesn’t tax your estate or your inheritance—but the federal government might. And if you own property in other states, you may still be affected by their rules. Let’s break down how smart planning can protect your legacy. 27 Oct

Does Texas Have an Estate or Inheritance Tax?

An estate tax is levied on the deceased's estate, while an inheritance tax is paid by heirs subject to the tax (spouses are usually exempt). Over a dozen states currently impose estate or inheritance taxes. Find out where you’ll have to pay... 24 Oct

2025 Update: States with Scary Estate & Inheritance Taxes

This guide, by Ontario Wealth Strategy Experts, covers several strategies that can help manage potential tax exposure. Learn how Ontario's tax-on-death rules fit into your planning, and what steps you can take now to make sure your heirs keep more of what you've built. 15 Oct

Strategies for Managing Potential Tax Exposure in Ontario

Since most farmers are, on average, 56 years of age, many family farms are expected to transition within the next decade. Farm succession requires an approach that considers the tax implications, the farming operations and the family’s wishes. 14 Oct

The Time to Discuss The Future of The Family Farm is Now!

While Canada’s tax system doesn’t impose a traditional inheritance tax, estate taxes through capital gains, final income returns, and probate fees can still shrink inheritances dramatically. By leveraging these strategies, you can pass down more of your hard-earned wealth. 09 Oct

Tax-Smart Inheritance Strategies for Canadians

Oil, mineral, and timber rights are legal interests that give the owner the ability to extract, harvest, or receive revenue from natural resources on or under land. These rights are assets that require explicit transfer instructions to ensure heirs receive intended economic benefits. 30 Sep

Transfer Strategies for Oil, Mineral, and Timber Rights

Anyone with substantial assets and investments should talk to their children or heirs about their financial situation and seek advice to try and lessen their final tax bill... 26 Sep

Grieving Ontario Family Shocked By Parents’ Final Tax Bill