💡Get Your Estate Taxes Sorted Today!💡
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In this video, Greg Rozdeba, CEO of Dundas Life, explains how taxes on your estate can take a significant portion of your wealth—up to 54%—when you pass away in Canada. He shares strategies to minimize taxes and ensure your assets stay with your loved ones, covering concepts like deemed disposition, probate fees, and tax-efficient estate planning techniques.
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0:00 - Introduction to Taxes on Estate
01:02 - What is an Estate?
02:00 - Capital Gains Tax Example (Property)
02:27 - Understanding Probate Fees
03:33 - Key Steps to Optimize Your Estate Plan
04:39 - Possible Taxation Scenarios
06:28 - How Taxes are Owed Upon Death
07:34 - Conclusion
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