It’s no secret that the value of real estate, especially in BC, has increased dramatically over the last three decades. Family wealth has increased dramatically and will eventually be passed onto the next generation. In fact, for some families, it might be the only way for the next generation to own real estate.

You’ve heard it in the news and read it in many articles: Over a trillion dollars in personal wealth, in Canada alone, will be transferred to the next generation over the next 10 years… Much of this wealth has been built from the bottom up by entrepreneurs and professionals. As a result, much of that wealth is being held in Holding companies and private corporations.