Legacy: The Business Succession Podcast
A bi-weekly podcast that helps guide business owners towards a smooth exit from the legacy they have built with exit planning and succession planning strategies and tips.
Legacy: The Business Succession Podcast
Latest Episodes
Don’t Let Tax Planning Break Your Family Plan
For years, Canadian business owners could face a worse tax result selling a business to their child than selling the same business to a stranger. Canada’s Intergenerational Business Transfer (IBT) rules were designed to address that problem, bu...
INCORPORATING Your Business? DON’T TRIGGER HEFTY TAXES
You want to incorporate and prepare for a future sale. But moving valuable assets into a corporation the wrong way could trigger significant taxes.In this episode of Legacy: The Business Succession Podcast, host Jared Pilon of Legacy Acc...
Pass Your Business to Your Kids WITHOUT GIVING IT AWAY
Your business may be worth millions today. While your child may be the clear successor, how are they supposed to buy at the value you have spent decades creating, without taking on a mountain of debt or forcing a rushed sale?In this epis...
Waiting to PURIFY Your Corporation is a COSTLY MISTAKE
A buyer calls, and the offer is right. You're ready to sell. And then your accountant tells you your corporation doesn't qualify for the Lifetime Capital Gains Exemption (LCGE). It could end up costing you hundreds of thousands of dollars if yo...
The $1.25 MILLION TAX EXEMPTION Opportunity for Business Owners
You spent decades building a successful business and received an offer worth millions. Then you discover the most valuable tax exemption available to Canadian business owners isn't available to you.It’s because nobody checked whether you...