Protect and optimize your Toronto family's financial future with our comprehensive tax and estate planning services. Serving the Greater Toronto Area, our Ontario tax experts create customized strategies that minimize provincial tax liabilities and ensure smooth wealth transfer while preserving your legacy for generations to come.
We've designed a comprehensive approach to estate planning that ensures your wealth is protected and your legacy is preserved
Comprehensive review of your assets, liabilities, and financial goals.
Custom estate plan design with tax optimization strategies.
Professional preparation of all legal and tax documents.
Execute the plan and provide ongoing monitoring and updates.
Join families who trust us to protect their wealth and ensure their legacy for future generations
When it comes to tax and estate planning in Toronto, protecting your family's financial future requires expert guidance and strategic planning. Our comprehensive estate planning services help Toronto residents and businesses minimize tax liabilities while ensuring smooth wealth transfer to future generations.
As a leading Toronto tax planning firm, we understand the unique challenges facing Ontario residents. From navigating provincial tax regulations to optimizing your estate for Canadian tax laws, our experienced team provides personalized solutions that protect your wealth and preserve your legacy.
Our estate planning services in Toronto include comprehensive will preparation, trust establishment, tax-efficient wealth transfer strategies, and succession planning for family businesses. We work closely with your existing legal and financial advisors to create integrated solutions that address all aspects of your estate planning needs.
Our Toronto tax consultants specialize in developing sophisticated tax optimization strategies that work within both federal and Ontario provincial tax frameworks. We help clients maximize RRSP and TFSA contributions, implement income splitting strategies, and structure investments to minimize annual tax burdens while building long-term wealth.
For business owners in the Greater Toronto Area, we provide specialized corporate tax planning services that integrate with personal estate plans. This includes optimizing the sale or transfer of business interests, implementing executive compensation strategies, and establishing holding company structures for tax efficiency.
As experienced trust advisors in Toronto, we help families establish various types of trusts including family trusts, charitable remainder trusts, and insurance trusts. These structures provide significant tax advantages while ensuring your assets are protected and distributed according to your wishes.
Don't wait to protect your family's financial future. Our Toronto estate planning experts are ready to help you create a comprehensive plan that minimizes taxes, protects your assets, and ensures your legacy lives on.
Our Toronto estate planning office serves clients throughout the GTA, including North York, Scarborough, Etobicoke, Mississauga, Brampton, Markham, Richmond Hill, and Vaughan. We understand the unique needs of Toronto-area families and businesses, providing localized expertise with a deep understanding of Ontario tax laws and regulations.
Ready to secure your family's financial future? Contact our Toronto tax and estate planning experts today to schedule your complimentary consultation and discover how we can help protect and optimize your wealth for generations to come.
Don't just take our word for it. Here's what real customers have to say about our tax and estate planning services.
"Their estate planning expertise saved our family thousands in potential taxes. The trust structure they created will protect our assets for generations. Absolutely exceptional service."
"Complex family business succession made simple. They guided us through every step and ensured a smooth transition while minimizing tax implications. Outstanding expertise."
"Professional, thorough, and incredibly knowledgeable. They created a comprehensive estate plan that gives us complete peace of mind about our family's future."
"Their tax optimization strategies are brilliant. We're saving more money than we ever thought possible while ensuring our estate is properly structured for our children."
"They made estate planning accessible and understandable. Every question was answered thoroughly, and the final plan exceeded our expectations. Highly recommend!"
"Comprehensive service from start to finish. They coordinated with our lawyer and financial advisor to create a seamless estate plan. True professionals."
Get answers to common questions about tax and estate planning services in Toronto
Tax planning focuses on minimizing your annual tax liability through strategic financial decisions, while estate planning involves preparing for the transfer of your assets after death. However, these two areas overlap significantly. Effective estate planning incorporates tax strategies to minimize estate taxes, probate fees, and ensure tax-efficient wealth transfer to beneficiaries. Our comprehensive approach addresses both current tax optimization and long-term estate planning goals.
The best time to start estate planning is now, regardless of your age or wealth level. Major life events such as marriage, having children, buying a home, starting a business, or receiving an inheritance are ideal times to begin or update your estate plan. In Ontario, anyone over 18 should have at least a basic will and power of attorney documents. The earlier you start, the more time you have to implement tax-efficient strategies and ensure your plan evolves with your changing circumstances.
Canada doesn't have a traditional "estate tax," but there are several costs to consider. Upon death, there's a deemed disposition of assets, potentially triggering capital gains tax. Ontario charges probate fees (Estate Administration Tax) ranging from $5 per $1,000 for estates under $50,000 to $15 per $1,000 for amounts over $50,000. Additionally, there may be income tax on registered accounts like RRSPs and RRIFs. Proper planning can significantly reduce these costs through strategies like joint ownership, beneficiary designations, and trust structures.
Trusts offer numerous benefits including probate avoidance, tax deferral opportunities, asset protection from creditors, and greater control over asset distribution. Family trusts can provide income splitting opportunities, while insurance trusts ensure liquidity for estate taxes. Trusts are particularly valuable for blended families, business owners, and those with significant assets. However, trusts must be carefully structured to comply with Canadian tax rules, including the 21-year deemed disposition rule and attribution rules.
A comprehensive estate plan typically includes: a will (outlining asset distribution and guardianship), power of attorney for property (financial decisions if incapacitated), power of attorney for personal care (healthcare decisions), and potentially trust documents. You should also review and update beneficiary designations on registered accounts (RRSP, TFSA, pension plans) and insurance policies. For business owners, additional documents like shareholder agreements and succession plans are essential. All documents should be reviewed and updated regularly, especially after major life changes.
While simple wills can be created using DIY kits, comprehensive estate planning requires professional expertise. Tax laws are complex and constantly changing, and mistakes can be costly for your beneficiaries. Professional estate planners can identify tax-saving opportunities, ensure documents comply with provincial laws, coordinate with other professionals (lawyers, financial advisors), and create strategies tailored to your unique situation. For anything beyond basic planning, professional guidance is essential to avoid costly errors and maximize benefits.
Our Toronto estate planning experts are here to help. Schedule a complimentary consultation to discuss your specific needs and get personalized answers to your questions.
Ready to protect your wealth and ensure your legacy for future generations? Contact our Toronto estate planning experts for a personalized consultation and discover how we can help secure your family's financial future.
Comprehensive strategies to protect your wealth from taxes and creditors
Ensure smooth wealth transfer to future generations
Advanced planning to minimize tax burden on your estate
Instant support available 24/7
Available NowWe respond to all estate planning inquiries within 2 hours during business hours. Complex planning requests get immediate expert attention.