Planning for your legacy is about more than just ensuring that your assets are passed on to loved ones. It’s about doing so in a way that minimizes tax liabilities, honors your personal wishes, and maintains family harmony.
Our proven framework ensures that all aspects of estate planning are covered, leaving no room for uncertainty or oversight.
Comprehensive Analysis: We conduct a detailed review of your current estate to identify potential tax liabilities and other risks.
Custom Solutions: Every family is unique, so we develop customized estate planning strategies that reflect your personal goals and family dynamics.
Implementation & Monitoring: Once your plan is in place, we provide ongoing support to ensure it remains aligned with changing laws, market conditions, and personal circumstances.
Ongoing Review: Estate planning is not a one-time process. We review your plan every year during our annual consultation call to ensure it still meets your needs and optimizes your tax efficiency.
At Hexavision, we help you:
Minimize Estate Taxes: We provide strategies to ensure your estate is taxed as little as possible, so your loved ones receive the full benefits of your legacy.
Prepare for the Future: We guide you through making important decisions in advance, ensuring that your wishes are honored, and your estate is managed smoothly.
Maintain Family Harmony: Our expert planning helps prevent family disputes by clearly outlining your intentions, so there is no confusion or disagreement.
Prevent legal disputes: By clearly outlining your wishes that support your business succession or charitable giving objectives.
We walk you through all aspects of estate planning, including:
Understanding Estate Tax Consequences: Many are unaware of how much tax can reduce the value of their estate. We make sure you understand the implications and offer solutions to minimize this burden.
Choosing the Right Executors and Trustees: Having trusted people in place to execute your will is crucial. We help you identify the right individuals to manage your estate with integrity and efficiency.
Setting Up Trusts and Wills: A solid will and trust structure ensures your assets are distributed according to your wishes, without unnecessary delays or complications.
Planning for Business Succession: If you own a business, our estate planning services also include preparing for the seamless transfer of ownership or management.
Maintaining Family Harmony: We help you make informed decisions that protect your loved ones from potential disagreements or conflicts over the estate.
Charitable giving objectives: If you desire to continue to support charitable causes, our estate planning services ensure your wishes are executed.
Estate planning in Canada involves creating a legal framework for how your assets, such as property, investments, and personal belongings, will be managed and distributed after your death. It’s important because it helps you minimize estate taxes, avoid family disputes, and ensure that your wishes are carried out. Without a proper estate plan, your assets may be subject to high taxes, legal fees, and delays in distribution. By planning ahead, you can protect your wealth, provide for your loved ones, and leave a tax-efficient legacy.
Minimizing estate taxes in Canada requires strategic planning. Options include setting up trusts, making use of tax exemptions, and gifting assets to your beneficiaries during your lifetime. You can also establish life insurance policies to cover estate tax liabilities or transfer assets to a spouse tax-free. Hexavision’s estate planning experts provide guidance to ensure your estate is structured efficiently, so you can pass on more of your wealth without burdening your beneficiaries with unnecessary taxes. If you have a corporation the CDA is the best way to minimize taxes during your lifetime as well as after you pass away.
In Canadian estate planning, a will is a legal document that outlines how you want your assets distributed after your death, while a trust is a fiduciary arrangement that allows a third party (the trustee) to hold assets on behalf of beneficiaries. Trusts can help you avoid probate, provide privacy, and reduce estate taxes, whereas a will must go through probate, which can be time-consuming and costly. Trusts also allow for more control over how and when your assets are distributed, especially in complex family situations.
It’s never too early to start estate planning in Canada. Ideally, you should begin as soon as you have attained a legal age irrespective of the amount or value of the assets. If you have significant assets, such as property, investments, or a business, or when you start a family it is a must have document for all Canadians. Key documents for estate planning include a will, trust agreements, power of attorney, and an advance healthcare directive. Regularly updating these documents is important, especially after major life events like marriage, divorce, or the birth of a child. We do annual review meetings with all our clients. Visit our blog post to download free checklist for to get started.
Even if you have no major assets, it’s important to have a basic estate plan in place. You can create these documents online for free using trusted services like Canada Wills.
These services guide you through the process, ensuring your wishes are legally recorded, even if you don’t have substantial assets.
At a minimum, you should create the following documents:
A simple Will to specify how your personal belongings will be distributed.
A Power of attorney to appoint someone to manage your financial affairs if you become incapacitated.
An Advance healthcare directive (or living will) to outline your healthcare preferences.
Ensuring family harmony through estate planning involves clear communication and proper documentation. Creating a detailed will and establishing trusts can help avoid disputes by specifying exactly how assets should be distributed. It’s also important to discuss your wishes with family members ahead of time to prevent misunderstandings. Hexavision’s estate planning services emphasize reducing conflicts by making sure your plan reflects your values, protects your wealth, and respects your loved ones' wishes.
At Hexavision, we specialize in estate planning to safeguard the assets you've accumulated over a lifetime. Our estate plan advisor, Jorge Ramos is a certified Trust & Estate Practitioner (TEP), can provide you with peace of mind in the event of unforeseen circumstances.
If you want to ensure the well-being of your loved ones, it's time to engage the services of an estate plan advisor, such as those at Hexavision. We can assist you in fairly distributing your estate among your loved ones, guaranteeing them a secure future in the face of unexpected and devastating events. Planning is a critical and essential financial responsibility that everyone should undertake.
Don’t let conflicting advice from institutions stand in the way of your financial freedom. At Hexavision, we’re here to guide you with holistic, unbiased advice that will help you achieve the retirement you deserve. Everyone that we have helped till today started with showing up to the masterclass. Click the link below to get started.
Estate refers to the real and personal properties owned by an individual. Estate planning refers to the distribution of both real and personal properties. It is always a good idea for one to move forward to estate planning.
Estate refers to all the properties that are owned by an individual at the time of their uncertain death including bank accounts, real estate, personal property, insurance policies, and all other securities.
You deserve to leave a Lasting Legacy. You can choose how you want to be remembered. We help you to maximize your estate’s value. Ensure your beneficiaries receive everything you planned for them.
A properly drafted will is the cornerstone of your estate planning. An estate plan needs to align with your financial goals. There are different ways to achieve your estate planning objectives.
We can help you with Wills, Beneficiary designations, Insurance, tax planning, charitable gifts and foundations.
Why go for estate planning services?
Estateough. We at Hexavision work on estate planning to protect the estate that you earned in a lifetime. Our estate plan advisor’s team can help you with peace of mind if something happens to you.
So, if you are looking to protect your loved ones, it is high time you hire an estate plan advisor like the ones working at Hexavision. We help you divide your estate equally among your loved ones, ensuring that they get comfortable life in case something uncertain and devastating happens to you. Planning is a crucial and important financial obligation that everyone must go through.
Get rid of all your financial worries with Hexavision!
The best estate planning services!
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🟢 Monday to Saturday : 9:30 AM - 6:30 PM
🔴 Sunday : Closed
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Ontario | Quebec
Alberta | Nova Scotia
British Columbia | Saskatchewan
New Brunswick
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Kanwaljit (Sunny) Kochar DBA Hexavision Enterprise is licensed to sell Segregated Funds investments, Life and A&S Insurance products in Ontario, Alberta, QC, NB, SK, NS and British Columbia. Not available in other provinces.
License #s: FSCO LIC#17161321 (ON), AIC LIC # M-3493167-1763384-2020 (AL), BC LIC#LIC-2020-0022136-R01 (BC). Insurance and segregated funds provided by Carte Risk Management Inc.
@ 2024 Hexavision Enterprise| Terms And Condition| Privacy Policy | Advisor Disclosure
© 2024 Hexavision Enterprise. All rights reserved
Our Service Area
Ontario | Quebec
Alberta | Nova Scotia
British Columbia | Saskatchewan
New Brunswick
Working Hours
🟢 Monday to Friday : 9:30 - 6:30 EST
🔴 Saturday and Sunday : Closed
Join Our Blogs/Newsletter
Kanwaljit (Sunny) Kochar DBA Hexavision Enterprise is licensed to sell Segregated Funds investments, Life and A&S Insurance products in Ontario, Alberta, QC, NB, SK, NS and British Columbia. Not available in other provinces. License #s: FSCO LIC#17161321 (ON), AIC LIC # M-3493167-1763384-2020 (AL), BC LIC#LIC-2020-0022136-R01 (BC), AMF LIC# 2023-CI-1016414(QC), LIC # 087345 (SK), FCSC LIC# 220039066 (NB) Insurance and segregated funds provided by Carte Risk Management Inc.
@ 2024 Hexavision Enterprise| Terms And Condition| Privacy Policy | Advisor Disclosure
© 2024 Hexavision Enterprise. All rights reserved