Intergenerational Wealth Transfer
You’ve shaped your wealth with care, built it brick by brick, through bold decisions and quiet sacrifices. Now, a question looms: What happens next?
Passing wealth is about preserving values, and giving your family not just assets but the wisdom to wield them. A first home, the family cottage, the business that sparked it all. Your story, their future—woven together by design.
Canada’s Great Wealth Shift
Canada is on the brink of an unprecedented wealth shift as trillions transition across generations. Baby boomers, after decades of perseverance and success, are passing not only money but businesses and properties to their heirs. Yet, this monumental transfer is fraught with challenges. Taxes, strained family dynamics, and mismanagement risks can swiftly erode hard-earned wealth without a clear plan in place.
At Jeff Somers & Associates, we transform uncertainty into opportunity. Through strategies like trust structures, tax optimization, and equipping heirs with financial responsibility, we ensure wealth doesn’t simply change hands—it grows stronger. The Great Wealth Transfer can be the foundation for a thriving legacy. Let’s secure your family’s future together.
Breaking the Silence
When it comes to wealth, families often avoid the hard talks—inheritance, wills, the shadowy “what ifs”—until they’re inevitable and often too late.
At Jeff Somers & Associates, silence isn’t an option. We guide families through conversations they’ll wish they’d had sooner. Honest, unfiltered, focused on the truth of what matters.
- Inheritance Clarity: Who gets what, why, and how—removing friction before it starts.
- Support Structures: Trusts, lump sums, or staggered access—freedom balanced with foresight.
- Legacy Defined: Beyond the ledger, what your wealth represents—values carried forward.
- Intent in Action: Wills aren’t worth the paper if they miss the heart of your intentions.
The result? Unity. Transparency. A family prepared, a future secured, a legacy understood.
The Plan That Moves
A will is a beginning, not the conclusion. Life evolves, so should your strategy. At Jeff Somers & Associates, your plan adapts, flexes, grows. A blueprint not carved in stone, but alive, like the legacy it protects.
- Estate Planning: Taxes trimmed, headaches eased, assets placed precisely where you choose.
- Trusts & Gifting: Trusts that empower, not entangle. Gifting while living, a choice both meaningful and financially shrewd.
- Insurance with Purpose: Liquidity for loved ones. Breathing room in times of grief. A safety net turned financial cornerstone.
Business: The Heart of Wealth
Handing over the business you worked so hard to build? That’s a test of legacy and leadership.
We don’t stumble at transitions. We master them.
- Leadership Identified: Family, employees, buyers—who steps up, prepared and positioned.
- Tax Tamed: The CRA waits. We’re steps ahead, ensuring every dollar fights for you.
- Top Dollar: We maximize your business’ value before sale.
- Continuity Secured: Operations don’t pause for transitions. We keep the gears turning.
Begin the Journey
Your wealth carries power. Not just to sustain, but to elevate. To protect and to inspire. This is about thriving across generations.
At Jeff Somers & Associates, the conversation begins today. Clarity. Purpose. Permanence. Let’s make your wealth more than a gift—let’s make it a foundation for everything to come.