Ep. 67 - Using Trusts to Transition Wealth & Minimize Taxes
In this in-depth episode, Winnie Lau sits down with Chris Thompson of Equitable Life of Canada for Part 2 of their trust series — this time diving deep into how to actually implement trusts in Canada.
You'll learn:
How trusts work with corporations, sole proprietorships, and partnerships
The difference between an estate freeze, a Section 85 rollover, and a Section 86 freeze
How to keep more of your wealth by minimizing taxes when passing your business, farm, or ranch to the next generation
Why Canadian farmers and ranchers have unique advantages in wealth transition
The critical role of your…
The skinny
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