For business owners, professionals, and high-net-worth individuals, personal wealth and business assets are closely connected. Without proper planning, taxes, succession disputes, or unexpected life events can undermine both family security and business continuity.
At KFG Law in Toronto, our Tax Group provides tax-effective solutions for owner-managers and families. We design plans that integrate personal and corporate needs, helping clients preserve wealth, minimize tax exposure, and ensure a smooth transfer of assets to the next generation.
We work closely with our Business Law, Wills, Trusts & Estates, Family Law, and Real Estate groups to deliver comprehensive strategies that address every aspect of estate and tax planning.
Call us today at 416-645-5382 or email info@kfglaw.ca to schedule a confidential consultation with our Tax Group.
Estate Planning Services
Estate Freezes
An estate freeze locks in the current value of your business or shares, ensuring that future growth is taxed in the hands of the next generation. This strategy helps minimize capital gains taxes and supports succession planning.
Trusts
Trusts are flexible tools that can protect family wealth, provide income-splitting opportunities, and allow tax-efficient transfers of assets. Our Tax Group designs and implements trusts tailored to each client’s needs.
Succession Planning
Planning for the transfer of a business or professional practice is critical for continuity. We advise on shareholder agreements, leadership transitions, and tax-efficient ownership transfers to protect family and business interests.
Tax-Structured Wills
A properly drafted will can provide significant tax advantages. We prepare tax-structured wills that integrate with broader estate and business planning strategies, ensuring that wealth passes to beneficiaries efficiently.
Post-Mortem Planning
Without planning, estates can face double taxation after death. We implement post-mortem strategies to reduce tax on both the estate and corporate level, preserving more wealth for heirs.
Tax Minimization and Remuneration Planning
Owner-managers often face unique decisions about salary, dividends, and bonuses. We provide guidance to minimize taxes while maximizing after-tax income for both the business and family.
Shareholder Agreements
Well-drafted shareholder agreements are essential for succession planning and protecting family interests. We ensure these agreements are structured to balance governance needs with tax efficiency.
Owner-managers face a unique intersection of personal and corporate tax issues. Proper planning ensures:
- Reduced capital gains and estate tax liabilities
- Smooth business succession with minimal disruption
- Protection of family wealth through trusts and agreements
- Compliance with CRA rules while maximizing available reliefs
- Peace of mind that both business and personal goals are aligned
- Consultation – Reviewing personal assets, business structures, and family goals
- Planning – Developing tailored strategies such as estate freezes, trusts, or reorganizations
- Integration – Coordinating with other practice groups to align estate, corporate, and family law considerations
- Implementation – Drafting wills, agreements, and tax documents required to carry out the plan
- Ongoing Support – Updating strategies as laws change or as family and business needs evolve
- Extensive experience advising owner-managers, professionals, and families
- Integrated service with Business Law, Wills & Estates, Family Law, and Real Estate groups
- Toronto-based knowledge of Ontario law and Canadian tax rules
- Strategies focused on both immediate tax savings and long-term wealth preservation
- Transparent and value-focused fee structures
Your business and your family are deeply connected. Protecting both requires careful estate and tax planning. At KFG Law in Toronto, our Tax Group works with clients to design strategies that preserve wealth, minimize tax burdens, and ensure smooth succession.
Call us today at 416-645-5382 or email info@kfglaw.ca to schedule a confidential consultation with our Tax Group.
An estate freeze locks in the value of current shares and transfers future growth to family members or a trust, reducing tax liability and aiding succession planning.
Trusts provide flexibility in distributing income and assets, protect wealth from creditors, and create tax-efficient ways to pass assets to beneficiaries.
Without a plan, your estate may face tax burdens, disputes among heirs, and potential disruption of business operations.
It refers to strategies implemented after death to reduce double taxation on estates and corporations, protecting more value for beneficiaries.
Our Tax Group works with accountants, financial advisors, and other practice groups within the firm to ensure that estate plans are legally sound, tax-efficient, and practical.
Estate plans should be reviewed every few years, or whenever there are major changes such as new tax laws, significant asset purchases, or changes in family circumstances.
Yes. Tools such as multiple wills, trusts, and proper structuring of assets can reduce or avoid probate fees, ensuring more wealth passes directly to beneficiaries.
Yes. Shareholder agreements often determine how ownership is transferred on death or incapacity. Aligning shareholder agreements with estate planning ensures a smooth and tax-efficient transition.