Creaghan McConnell Group - the family capitial company
What does it mean for business families to
‘transition their capital’ to future generations?
Understanding the various funding options is
critical in meeting each family’s liquidity needs.
CMG insights on business families
Research & commentary
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...
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...
Building business capital and access to liquidity when you need it most
Permanent life insurance is more than an estate tax solution for Canada’s business families. It also builds business capital and can be a source of liquidity – in all market conditions, including a global pandemic like the one we’re experiencing...
Business family stories
Merck's commitment to family governance
In a series of updates to our original story, we explore some of Merck's best practices in more detail. Our first instalment focuses on family governance structures – and how Merck has used these to cultivate (and sustain) unity and stability within the family...