Private Wealth Management Burnaby - We can help our clients through our Wealth Management practice in the areas of wealth preservation, estate planning, charitable endeavors and business succession. In these areas, we provide comprehensive expertise, guidance and knowledge to the many philanthropists, executives, entrepreneurs, and high net worth people. We work closely together with our clients' financial advisors and accountants to deliver quality outcome and service.
Charities and Philanthropy
Vital to personal wealth planning is planned giving. Clients should know the legal and tax implications of philanthropy. When clients would like to establish methods of planned giving such as charitable foundations, we advise them on administrative, structuring, and compliance problems.
Family Estate & Trust Litigation
In acting as counsel all through litigations, arbitrations and mediations, we are knowledgeable before all levels of the courts and other administrative tribunals.
Family Business Transition and Succession Planning
We provide suggestion to family-owned and other closely held businesses with our wealth management services. We assist family enterprises in order to restructure or structure their companies in the most tax-efficient manner. Our knowledge covers inter-generational transitions in addition to transitions to outsiders in various endeavors and industries. These transitions are facilitated through arrangements such as corporate reorganizations, shareholder's agreements, management agreements and the settlement of trust. Comprehensive solutions regularly need several professionals in, like for instance, matrimonial or real estate law. Our company has these experts as well as professionals in business tax and law.
Individual Estate Planning and Wills
We understand that those individuals and businesses have amassed great wealth will often face legal and tax concerns as well as sensitive inter-personal dramas. Our teams of professional lawyers are very successful at minimizing legal risks, reducing family distress and maximizing tax-efficiency while creating and implementing flexible, comprehensive, and consistent plans that match our clients' values and goals. The sale or purchase of a new business, an inheritance, a divorce - these are all major financial events in anyone's life. We provide useful and individualized guidance in such situations.
In order to assist clients in their personal and business affairs, we would often advise regarding private trusts as a flexible tool. For the trustees and beneficiaries of private trusts, we likewise offer ongoing suggestion. We are experienced at creating family trusts to be able to facilitate the inter-generational transfer of wealth. There are many other types of trusts with which our practitioners regularly assist clients, such as trusts for disabled beneficiaries, voting trusts, blind trusts, spendthrift trusts, asset protection trusts, and immigration trusts. For clients interested in philanthropy, we can establish charitable trusts.
Private trusts are a helpful tool in the tax planning context: we advise clients on tax planning opportunities such as probate fee and property transfer tax avoidance, inter-provincial rate shopping, income-splitting, and accessing multiple capital gains exemptions.
We have litigators who are skilled at trust litigation in cases where the trust may be utilized as both a defense and a weapon. We offer advice and counsel in cases in which trust expertise is needed in dispute resolution and matrimonial planning.
Our group members help clients who are under attack from creditors or challenge from future heirs. Our priority is the preservation of individual wealth through methods such as establishment of trusts or prenuptial agreements.
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