Advanced tax strategies for high-net-worth individuals
For many high-earning Canadians, there may be specialized tax strategies that help preserve and grow your wealth.
Many business owners look forward to the day when their kids take over the family business. It can be the beginning of a lasting legacy for the family. But as retirement nears, those parents will also realize that passing down the business could result in a cash crunch down the road. Jeff Halpern, Business Succession Advisor with TD Wealth, joins Kim Parlee to discuss some ways you can structure the transfer or sale of your business to fund your retirement.
You’ve spent your life building a successful business. Now comes the hard part: creating a transition plan that allows you to pass it along so that you can comfortably enter the next chapter of your life.