It’s time to start planning the transfer of your business. You’re looking for sustainable strategies to monetize the value of your business and turn it into retirement capital in the best way possible. There are many strategies to choose from, and you need advice on the best ways to minimize the impact of taxes when transferring your business.

Calculatrice et graphique financier

Paying fewer taxes

Which approaches apply to my situation?

femme travaillant à son ordinateur

Retaining my employees

What can be done to enhance existing benefits?

Main humaine tenant le roi des échecs

Managing corporate risks

How do I tell corporate risks apart from personal risks?

Équipe de travail, de différents âges

Planning my transfer

Which professionals can support me?

The financial risks

Delay in the search for succession.

Capital gains exemption eligibility criteria.

Unequal distribution of estate among your children.

Underestimation of the impact of a serious illness.

Lack of knowledge about exemption criteria.

Does this sound similar to your situation?

Let’s discover your financial plan together

Components of financial planning

Personal and family

  1. Marital status
  2. Rights of common-law spouses
  3. Rights and obligations of marriage
  4. Division of family assets
  5. Responsibilities of a liquidator, mandatary, or trustee

Statement of financial position

  1. Tracking of changes in net worth
  2. Evaluate the working capital
  3. Recalibration of gaps between current investor profile and asset allocation
  4. Strategies for budget management
  5. Strategies for debt management

Fiscal status

  1. Analysis of the right time to:
    •  1) Incorporate, 2) create a management company 3) Set up a trust
  2. Strategies to reduce the tax burden of the company, by optimizing :
    • Fiscality of investments
    • Business structure
    • Compensation
    • Fiscality of business transfer
    • The capital dividend account (CDC)
  3. Management of passive income to counter the reduction in the business limit

Living benefits

  1. Evaluation of protections against illness and accidents
    • Disability insurance (salary, credit, office expenses)
      1. Buy-back insurance in the event of long-term disability
    • Critical illness insurance
  2. Insurance strategy to address gaps in coverage
    • Revision of legal documents:
    • Protection mandate in case of incapacity.
    • Shareholders’ agreement
  3. Group insurance for your employees

Retirement projections

  1. Evaluation of cost of living, savings capacity, and retirement income sources
  2. Strategies to transform your business into retirement capital
    • Optimal allocation of savings for retirement
    • Individual Pension Plan (IPP)
    • Retirement capital disbursement that takes into account social tax programs
  3. Actions to be taken and timetable for closing the distance and reaching your goals
  4. Pension plan for your employees

Situation at death

  1. Analysis of the company’s coverage in the event of death
  2. Insurance strategies for:
    • Redemption of Units in the Event of Death
    • Optimising taxes following death
    • Devolution that would ensure that wishes are respected
  3. Life insurance
  4. Assessment of legal documents
  5. Consistency between preferred transmission and any that might otherwise prevail.
  6. Strategies for ensuring that wishes are respected, optimizing taxes, and controlling bequeathed assets