The COVID-19 pandemic has created widespread disruption for business owners. While tax and estate planning might not be an immediate concern for most Canadians, the current crisis has created a number of attractive tax-saving opportunities for business owners and their families.
Join Fasken’s Trusts, Wills, Estates and Charities team where they discussed planning opportunities resulting from the economic and government response to COVID-19 – and how business owners can take advantage of them as the economy reopens and recovers.
The following topics were covered:
- Estate freezes and business succession: What is an estate freeze, and how the current environment helps.
- Lowering your family’s tax bill with prescribed rate loans and low interest rates.
- Using family trusts, alter ego and joint partner trusts in planning.
- Tips on carrying out both strategies effectively and avoiding risks, issues and disputes.
Symposium home page.