Not sure if you need an estate plan? Consider the following:
- If you pass away without a will, the law distributes your assets according to the rules of your province, which may not align with your intentions
- If you pass away without an estate plan, a will may not be enough for your family to take advantage of the tax opportunities readily available to them or your business
- Moreover, without an estate plan your surviving family members are left to deal with you business as is. They may not have the experience/resources to manage it.