Transferring the family business and estate planning
Senior Trust Advisor from Raymond James Trust (Canada), Damian McGrath, returns to the podcast to discuss transferring a family business to the next generation and some considerations for estate planning, including:
- What was in the last federal budget
- What about estate planning and the family business?
- What is an estate freeze?
- What about the scenario where I have one child in the business and another not – how do I estate plan around that?
- And what about an executor – who should that be?
- The importance of planning.