Estate planning gets treated as paperwork about death. It is really a series of decisions about control, fairness, and meaning. The structures matter, but research shows most wealth transfers fail on communication and trust, not taxes. A legacy is not what is left behind. It is what is built deliberately and handed on with intention.

The largest wealth leak is usually invisible. At scale, tax is not a year-end exercise, it is a design discipline. Structure sets the ceiling of what any plan can deliver, sequence compounds quietly across decades, and policy shifts over time. Real tax efficiency is measured throughout a lifetime, not a single tax year.

In this episode of Mind Your Money, we sits down with Howard Ma—Director at Baker Tilly Canada Capital and CFA charterholder—to unpack what really happens behind the scenes when a business owner decides to sell.

In this episode, we sit down with Julia Chung, co-founder of Spring Plans and one of Canada’s leading voices in legacy and complex family systems planning. Together, they explore what it means to become a 100-year family—shifting from short-term financial planning to multi-generational leadership and vision.

In Part 2 of our Death and Taxes series, we unpack the “tax bomb” that often awaits successful business owners and their families—and why traditional estate planning falls short.

In Part 1 of this two-part series, we speak with corporate and tax lawyer Jonathan Wright from Ritchie, Kwo, & Wright LLP, exploring the complex implications of dying while holding private company shares in Canada. They discuss critical issues such as triple taxation risks and explain advanced planning strategies including estate freezes, pipeline planning, and loss carrybacks.

When a high-net-worth family encountered a complex estate tax issue, collaboration became the key to unlocking a powerful solution. Partnering with their tax accountant, our team crafted a creative approach that resolved pressing liquidity concerns and meaningfully reduced the family’s overall tax burden. This case highlights the impact of coordinated advisory efforts in delivering an exceptional outcome.

In this episode, we sit down with Mohammed Al-khooly, tax expert, Twitter sensation, and co-founder of Copilot Tax, to dive into the world of income splitting. We unpack how TOSI works, who it applies to, and the common pitfalls that business owners face.

Are you thinking about setting up a holding company? Before you do, tune in to this episode of we sit down with CPA and founder of Simplify Accounting, Shawn Gander, to break down everything business owners need to know about holding companies—what they are when you actually need one, and why too many entrepreneurs set them up for the wrong reasons.

The BC Property Tax Deferment program is a lower-interest loan program offered by the province of BC for those in need. The province will pay your municipal property tax bill and charge you competitive interest rates for the money loaned to you.

The TFSA can be an very powerful tool for wealth generation. Investment income earned inside your TFSA (interest, dividends, and capital gains) do not create an income tax liability.  Gains are truly tax-free.

Several times a year, I receive questions from clients about adding an adult child as a joint owner of their assets.  This could be bank accounts, investment accounts, or even as a joint owner of their home. 

The TFSA can be a very powerful tool for wealth generation. Investment income earned inside your TFSA (interest, dividends, and capital gains) do not create an income tax liability. Gains are truly tax-free.