https://www.realty.truewealthadvisors.ca/category/estate-planning/ Recent content in estate-planning on True Wealth Advisors Hugo -- gohugo.io en-ca Fri, 18 Apr 2025 17:54:45 +0000 https://www.realty.truewealthadvisors.ca/2025/04/turning-equity-into-impact-how-to-use-real-estate-to-fund-your-giving-goals/ Fri, 18 Apr 2025 17:54:45 +0000 https://www.realty.truewealthadvisors.ca/2025/04/turning-equity-into-impact-how-to-use-real-estate-to-fund-your-giving-goals/ Turning Equity into Impact: How to Use Real Estate to Fund Your Giving Goals A Financial Planner’s Perspective for Purpose-Driven Canadians Many Canadians have built significant wealth through real estate—whether through a primary residence, a cottage, or investment properties. But here’s a question most people never ask: “Could the equity in my property do more than just sit there?” For faith-driven individuals, generosity is a calling—not just a nice-to-have. And as a financial planner, I’ve seen how real estate can become a powerful tool for impact when it’s aligned with your giving goals. https://www.realty.truewealthadvisors.ca/2025/04/should-you-keep-the-cottage-in-the-family/ Fri, 04 Apr 2025 16:58:41 +0000 https://www.realty.truewealthadvisors.ca/2025/04/should-you-keep-the-cottage-in-the-family/ Should You Keep the Cottage in the Family?” A Financial and Faith-Based Look at Legacy, Costs, and Clarity Few properties carry as much emotional weight as the family cottage. It’s not just real estate—it’s the backdrop of countless memories: Summer mornings on the dock. Board games in the evening. Shared laughter across generations. But as retirement nears and estate planning becomes a priority, many Canadians are asking: “Should we keep the cottage in the family—or is it time to sell? https://www.realty.truewealthadvisors.ca/2023/11/optimizing-estate-planning-for-canadian-real-estate-investors-tax-probate-strategies/ Mon, 27 Nov 2023 08:16:23 +0000 https://www.realty.truewealthadvisors.ca/2023/11/optimizing-estate-planning-for-canadian-real-estate-investors-tax-probate-strategies/ Optimizing Estate Planning for Canadian Real Estate Investors: Tax & Probate Strategies For investors who own multiple real estate properties, there are unique financial planning, tax and legal strategies that should be considered to ensure they can secure their legacy both in the short and long term. Here are some key considerations: Principal Residence Exemption: Canada allows for a principal residence exemption, which can eliminate capital gains tax on the sale of a principal residence.