Ready to unlock the potential of your business structure? Family trusts are a powerful tool that can offer substantial flexibility and tax benefits for businesses.

Episode 17 – Why Your Business Might Need a Family Trust

In this episode, Frankie and Sarah dive into the world of discretionary family trusts, highlighting their advantages and drawbacks within corporate structures. They clarify complex tax terms and offer practical advice for incorporating trusts into your business. Tune in to understand how you can utilize these strategies for optimal tax planning and financial management.

Frankie and Sarah discuss:

• What family trusts are and how they function in a business setting
• Potential tax advantages and how they apply to your scenario
• Operational benefits of having a discretionary family trust integrated into your business structure
• Strategic planning for creating and managing trusts amid evolving business needs

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Resources:​

• Understanding Corporate Structures for Business Owners (Ep. 16)
• Owner-Managed Businesses Part 4: The Canadian Capital Gains Tax Exemption (Ep. 5)

Connect with Frankie Loreto and Sarah Netley

• Courtice.BakerTilly.ca
• LinkedIn: Baker Tilly Canada
• LinkedIn: Frankie Loreto
• LinkedIn: Sarah Netley
• Telephone: 905.579.5659

Meet the Author

Sarah Netley
Courtice, Ontario
D (905) 579-5659 x 2157
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Francesca Loreto
Courtice, Ontario
D (905) 579-5659 x 2103
E .(JavaScript must be enabled to view this email address)

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