Sentences with phrase «estate freeze»

Price adjustment provisions have been included for decades in the context of estate freeze transactions to avoid unintended tax consequences where fair market value is incorrectly initially determined by the parties.

Evoking the intrigue of a grand estate frozen in time, Avenue re-appropriates traditional design elements in unexpected materials and forms ignited by state - of - the - art sound and lighting systems and indoor and outdoor bars.

Our BC Family Business Valuation Lawyers will make sure all tax discounts, disposition costs, latent taxes, contingencies, outstanding debts for unpaid management contributions, impact of estate freezes and calls on the company income are properly consider by business valuators, mediators and judges.

Corporations also give you more flexibility in the long run for income splitting, an estate freeze, etc. that go beyond the scope of this article.

If you google phrases like «estate freeze» and «CCPC tax planning» you can get a glimpse of the extent of the tax planning industry in Canada.

Estate freezing is also a strategy that can be taken to limit death taxes.

Estate freezes can also be used to lock in the value of a cottage, Cardy says.

Cardy adds that if you do go for an estate freeze, you need to talk to an estate lawyer who knows how to protect the kids» shares in the business from matrimonial claims.

Tactically, a popular technique for intergenerational wealth transfer is the estate freeze, says Adrian Mastracci, portfolio manager with Vancouver - based Lycos Asset Management.

An «estate freeze» can be undertaken concurrently which would fix the parents income tax liability at death and allow future growth to accrue to the children; however that is beyond the scope of this blog.

Warburton assumes you may look at an estate freeze to lock in the value of your share of the business, and attribute future growth to your children or other heirs — but that's another column.)

Another consideration for real estate investors who have real estate they want to pass along to the next generation is the potential of an estate freeze.

My clients with the rental properties are in the same situation and contemplating an estate freeze with their incorporated rental real estate as a means of passing the future capital gains on their real estate to their kids, to stop the clock on that ticking tax time bomb.

If you have significant corporate assets, you can consider an estate freeze, whereby your ownership in the corporation is frozen at the current value.

An estate freeze is a popular method of limiting death taxes.

With regard to your sons, you may want to discuss doing an estate freeze.

Corporations also give you more flexibility in the long run for income splitting, an estate freeze, etc. that go beyond the scope of this article.

We work closely with our estate planning clients and their financial advisors to prepare comprehensive estate plans that may include Wills, trusts, estate freezes and business succession plans, and powers of attorney.

Corporate / commercial / employment law: Experience includes advising business owners on mergers and acquisitions, corporate finance and banking security, shareholder agreements and disputes, tax reorganizations, estate freezes, family trusts, wills and estate planning, succession planning and implementation, contractual matters and disputes.

Representing certain corporations in an action concerning complex issues of trust and corporate law arising out of an estate freeze.

It may be that whenever there is an estate freeze to children who remain involved with the company, the receipt of shares is not a true gift, but a payment for past and future services.