Unlocking Your Entrepreneurial Legacy BLOG
Are you an entrepreneur contemplating transitioning from your business within the next decade? Whether you envision a third-party sale, employee buyout, family succession, or even winding down, it's vital to approach this pivotal phase correctly.
Discover the art of optimizing your business's purchase price, orchestrating a seamless ownership transition, minimizing tax obligations, and establishing a robust foundation for yourself and your enterprise to thrive.
Within our platform, you'll uncover a treasure trove of ingenious strategies, insightful ideas, and invaluable tips aimed at propelling you and your business toward the finish line and far beyond it.
What Is A Business Will And Why Do You Need One?
Most business owners overlook the need for a corporate will. Without it, your business could face probate fees, privacy loss, and lengthy delays, leaving your loved ones and partners in a tough spot. A corporate will secures your legacy, avoids costly fees, and keeps your business running smoothly. Don’t leave your hard work to chance.
#EstatePlanning #BusinessWill #LegacyPlanning
The Gift And Burden Of Knowing Your Expiry Date
What if tomorrow was your last day—would you be ready? We often live like we have endless tomorrows, but the truth is, time is fleeting. It’s time to reflect, prioritize what matters, and live without regrets. Discover how embracing the unknown can transform your life today. #LiveFully #NoRegrets #LifeReflections #TimeIsPrecious #EmbraceToday #LifeLocker #UpdateYourWill
Inheritance Wars: The High Cost of Estate Planning Mistakes
Have you ever wondered what would happen if your will was outdated?
John hadn’t thought about it in years. His will still named his ex-wife as a beneficiary, didn’t include his youngest child, and left his second wife with far less than they had planned. He never expected it would lead to a bitter court battle, with his family struggling to understand everything.
Unfortunately, John’s story isn’t unique. More than 70% of estate disputes come from outdated or incomplete wills. And it’s not just the legal battles—families are left dealing with emotional stress at the worst possible time.
Life gets busy, and it’s easy to put off updating your will. But a few minutes of planning can save your loved ones from years of heartache. If your will hasn’t been updated, or you don’t have one, now’s the time.
Let’s make sure your family, business and legacy are protected.
#EstatePlanning #ProtectYourFamily #PlanAhead #MentalHealth
A Few Minutes Of Planning To Avoid Your Family Years Of Heartache
If something happened to you tomorrow, would your family know exactly what to do?
It’s a question no one wants to think about, but I’ve seen firsthand what happens when we don’t plan ahead. One of my clients thought his affairs were in order, only to find his ex-wife was still listed as the beneficiary on his RRSP. His current wife wasn’t exactly thrilled. We caught it in time, but what if we hadn’t?
Life gets busy, and updating your will probably feels like something you can push off. An outdated or incomplete will can leave your family with years of stress, confusion, and financial strain at the worst possible time.
Don’t wait until it’s too late. A few minutes of planning today can save your loved ones from years of heartache tomorrow.
#EstatePlanning #ProtectYourFamily #PlanAhead #FinancialWellness