Effective Estate Planning

Along with BlueShore Financial & Veritas Law, Janice Tai presented at a recent seminar on the topic of Effective Estate Planning. Our senior accountants Julia Parciak and Jasmine Lille also prepared and presented at this event. 

Our team specializes in estate planning and tax. We understand the importance of protecting the interests of your family and loved ones, while also managing estate taxes and probate fees. Having an estate plan is an important part of your overall financial strategy, regardless of age. 

The experienced staff at BlueShore Financial reminded our attendees that as you acquire more assets, your estate plan takes on added layers of complexity. They also emphasized the need for a professional team: a financial advisor, lawyer, and accountant. 

Our accountants here at Cahill CPA will be able to assist with:

  • Detailed review of your asset and Will, with personalized recommendations based on your specific needs. 
  • T1 Terminal Tax Return,T3 Testamentary Estate Returns, and Clearance Certificates
  • T3 Trust Returns, Alter Ego Trusts
  • Request for Certificate of Compliance for a non-resident disposing of taxable Canadian property. 

Remember: Creating an estate plan is not something to take lightly, and it is not a one time thing. Many professionals advise that you take a look at your estate plan and Will every 3-5 years, and even sooner if there have been major life changes (ex. Marriage, children, large purchases, etc). 

Having an accountant on your estate planning team will help minimize taxes & probate fees, and help with the completion of all necessary documents and returns. 

Estate Planning 3

Let us know if you are in need of estate planning services.


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