Registered plans can have a big impact on family wealth.

U.S. transfer taxes may arise when assets are transferred to others during lifetime or upon death.

With real estate values increasing significantly in the past year, and notably so for vacation properties, it’s also a good time to do some estate planning for the potential transfer of your cottage, chalet or cabin to future generations.

For many families, trusts can play an integral role in the planning process.

Here’s a quick overview of how employee stock options work, the current tax treatment, and the new proposed tax treatment for some newly-issued options granted as of July 1, 2021.