Covering estate taxes with charitable tax credits
As one of Canada’s largest auto parts wholesalers, finding mutual wins had been Nilam Patel operating style with customers for years. But he wanted a different win-win this time. This one involved planning his charitable legacy, while at the same time covering the tax burden on his estate...
Research & commentary
Warren Buffett and his deep admiration for business families
Here are three things that stood out to us in Warren Buffett's most recent letter to the Berkshire Hathaway shareholders...
Avoiding the estate planning pitfalls of rock stars
What do Pablo Picasso, Aretha Franklin, and Prince have in common? All were great artists in their own right, and each had a fair degree of ‘business smarts’ as they built their unique artistry. But they all died without a proper will or an estate plan in place...
Ted Rogers and his strategic use of corporate-owned life insurance
Entrepreneur, visionary, philanthropist and telecommunications giant, Ted Rogers was also a smart estate planner. He ensured that there was cash available to cover his tax liabilities at death ensuring the business he’d built – and grown could safely remain in his family’s hands...