Thoroughly Wealthy

Estate Planning

Two things are certain in life: death and taxes. Unfortunately, the timing of death is not certain. To make matters worse, the income tax liability that Canadian business owners face upon death can seriously erode their estate. For high networth business owners, double or triple taxes may reduce their estate's value to less than 1/3 of its value before their death. Learn how to guarantee that your estate maintains its value and is distributed fairly after you pass.

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Protect Your Legacy: How Life Insurance Secures Your Estate from Tax Liabilities
Posted in Estate Planning by Marko Ogar - December 16, 2024

Building wealth takes years of hard work and dedication, but without proper planning, a significant portion of your estate could be lost to taxes.