Thought provoking. Useful. Relevant. Our team regularly generates problem solving insights and experiences worth sharing.
Four estate planning considerations for every business owner
Estate planning is an important issue for anyone with assets and heirs – regardless of age and health. However, when it comes to business owners, estate planning becomes particularly critical. Special consideration must be given to ensure the smooth transition of your business when you no longer wish to run it, or when you are ... Read more
Wealth management and family values: The importance of communication in high-net-worth families
When it comes to effectively protecting, managing, and building your wealth, open lines of communication and a solid understanding amongst family members is key. A full-service Family Office can serve as a facilitator of meaningful discussions to ensure family values are fully aligned with your fiscal objectives. Open communication with your family ... Read more
Outland Camps
The path to success is seldom a straight line and this certainly holds true for Dave O’Connor and Simon Landy, co-founders of Outland Camps. The two met in medical school at the University of Toronto, each with career aspirations of becoming a doctor. Dave is very detail-oriented – he likes numbers and data and is ... Read more
Tax alert: Income splitting update
In response to tax planning proposals that were originally released in July of this year, the Department of Finance released revised draft legislation on December 13, 2017, for its proposed changes to income splitting using private corporations. The revised rules are intended to clarify when a family member has made a significant contribution to a ... Read more
Five financial accounting controls that every small business needs
Small to Mid-sized Businesses (SMBs) are frequent sources of wealth, pride, and personal fulfilment. However, they are often viewed as ‘easy targets’ for fraud, theft, and embezzlement. For this reason, owners of SMBs should be particularly vigilant about their high-risk positions, their checks and balances, and their small business accounting ... Read more