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Tax-Free Estate Planning: How to Pay Less Tax and Leave More for Loved Ones?
We all, regardless of where we come from, have one thing in common: we all want to pay less taxes. For an informed discussion with a chartered professional accountant, we always look for such opportunities. Don’t we? Whether we are in the accumulation phase (asset collection and enhancement), the decumulation phase (drawing our funds at the retirement phase), or the estate phase (for smooth transfer of assets after death), we want to lessen our taxes. In this blog, we decided to find out if we can structure our assets in a way that they get transferred to the next generation with practically no taxes (or less taxes) in Canada. Is it possible? Can accounting services help us do that? Read the blog further to find out!
