Tax Planning, Estate and Succession Planning, Asset Protection

There are rarely wrong ways of structuring your corporation.  However, there are varying degrees of correct ways of doing so.  Everyone has heard a story or two of a successful businessperson whose assets needed to be sold in order to provide cash flow to cover the income taxes payable upon their death. Or perhaps they had a son who went through a messy divorce and the family business was included as a marital asset.  Most of these stories leave people in bewilderment, thinking “there must be a better way”. Usually there is, and we will work with you to ensure these factors are considered and your organization is structured properly.

Everyone’s situation is different.  Through your relationship with our firm, we will get to know you and your family.  This is important because we are always looking out for potential pitfalls, even if you are not aware of them.  When we find them, we will alert you and suggest ways of protecting you and your family.

If you find yourself in any of the following situations, you should consult with us:

• Do you plan to eventually sell your business?
• Do you want to include family members in the ownership of the company?
• If you already have family owning portions of your company, are you concerned about a potential marriage breakdown?
• Do you own the commercial real estate that you operate from?
• Do you have children over the age of 18? 
• Do you feel that parts of your will may be contested after your death?
• Do you have a plan for the taxes that will be due upon your death?
• Do you hold a significant amount of investment assets in your operating company?

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