Involving family in estate planning builds understanding, trust, and alignment. Through the Ikea and Mere Exposure Effect, participation and familiarity reduce conflict, clarify roles, and ensure smoother transitions. Open communication transforms estate planning from secrecy into shared purpose and confidence.
After a loved one passes away, how do you find the strength to move forward and deal with their finances?
The upcoming “One Big Beautiful Bill” introduces major U.S. tax changes in 2026, including a $15 million estate tax exemption and new “Trump Accounts” for children. Canadian families with U.S. ties should review estate plans and await CRA guidance before acting.
Recessions happen regularly and they don’t last forever. It can be a difficult time for kids and families, but there are some things you can do to get through it.
Starting tax planning early gives you time, options, and peace of mind. Review contributions, plan donations, explore tax-loss harvesting, consider income splitting, and check cash flow now to reduce taxes, avoid year-end stress, and optimize savings before 2025 ends.