Clark Wilson’s Family Office partner Areet Kaila and articled student Hannah Solmon‘s article, “Overview of Estate Freezes” was recently featured in Law360 Canada (previously The Lawyer’s Daily), which provides news, in-depth analysis of legal developments, and access to historical news and digests from across the country.
In this piece, Areet and Hannah provide a general overview of how an estate freeze works and go through some of the key benefits of estate freezes in the business succession context. This article offers a great plain-language overview of how family enterprises can pass on their business to the next generation while minimizing taxes by locking in the current value of the owners’ shares in the company, thus allowing the younger generation to benefit from the company’s future growth.
Read the “Overview of Estate Freezes” piece in full HERE.