Wills & Estates
Wills & Estates — All content on The Advisors Table.
Episodes
SoloEstate Planning Explained: Will vs. Trust In Canada
How wills, beneficiary designations, joint ownership, and trusts actually control your assets in Canada – and why many families discover critical estate planning gaps only after a crisis occurs.
- Estate Planning
- Wills & Estates
- Trust Planning
GuestMost Wills Fail. Here's Why
Why most wills fail in Canada – not due to drafting, but because they become outdated, clash with laws, and fail to reflect real family and asset changes over time and across jurisdictions
- Wills & Estates
- Estate Planning
- Executor Planning
EpisodeBeing An Executor Can Cost You Personally
How choosing an executor is far more than an administrative decision – and how personal liability, CRA reassessments, and estate risks can last years.
- Executor Planning
- Wills & Estates
- Estate Planning
SoloCRA Takes 80% When You Die
How dying with an incorporated business can trigger layers of tax that devastates family wealth – and why post-mortem planning is critical before it's too late.
- Estate Planning
- Post-Mortem Planning
- Probate
Posts
Should You Put Assets In Your Kids' Names? Why Wealthy Canadian Families Never Do
Wealthy Canadian families almost never put assets in their kids' names. Here's why, how a family trust works instead, and the timing decision worth $1.3 million.
Will vs. Trust: Which One Actually Controls Your Assets In Canada?
Most Canadians think their will controls everything they own – but beneficiary designations, joint ownership, probate, and tax rules often determine where assets actually go.
3 CRA Powers Coming in 2026 That Every Canadian Needs to Know
The CRA's new 2026 audit powers — compelled sworn testimony with no transcript, $50/day penalties without a court, and reassessment clocks frozen indefinitely. Here are the three every Canadian needs to understand.
One Mistake Killed His $5M Deal — Why the Wrong Team Destroys Business Sales
Selling your business? One wrong hire and hidden tax traps can kill the deal. Why regular accountants fail at business-exit tax planning — and how to build the deal team that protects your sale.
CRA’s 5 Most Dangerous Weeks: What TEBA Means for Your Next Audit
What is TEBA, and why does it make February–March the most dangerous weeks for a CRA audit? How the CRA's March 31 year-end drives aggressive reassessments — and a 3-phase plan to protect yourself.
$800K Tax Bill That Should’ve Been $0 — The 5 Mistakes That Cost This Business Owner Everything
Discover the 5 critical errors that turned a $0 tax bill into an $800K disaster for a business owner. Learn how to protect your company from CRA reassessments, audits, and massive penalties.
Visual Guides
Will Vs. Trust Explained
Most Canadian think their will handles everything. It doesn't. Your RRSP goes to whoever is on the beneficiary form. Your jointly-owned house goes to the surviving owner. Your will? It only controls what's left over. Here's what a will CAN'T do: • Save you tax • Control when your kids get their money • Help if you're incapacitated • Protect assets from creditors A family trust does all of that. And the difference can be hundreds of thousands of dollars.
Why The Wealthy Never Gift Their Kids Anything
The wealthiest families in Canada almost never put anything in their kids' names. Not the company. Not the property. Not the investments. It isn't because they don't trust their kids. It's because a gift is the one financial move you can never take back. Swipe for what they do instead, and the $1.3 million difference it made for one family.