Barrie Estate Planning

Barrie Estate Planning Lawyers for Tax Planning

The Barrie Estate Planning and Administration Practice Group of Devry Smith Frank LLP (“DSF”) provides clients with a fully integrated approach to wealth management and preservation through comprehensive, individualized and cost-effective estate planning and long-term care planning legal services.

We assist individuals, families, trustees, charitable institutions, family businesses and private companies with all aspects of estate planning, including personal financial and business planning, gift tax planning, estate and personal income tax planning, business succession planning, estate administration, charitable giving, the administration of trusts and estates, and international estate planning.

Our Expertise

The Barrie Estate Planning and Administration legal team at Devry Smith Frank LLP advises domestic and international clients on a broad range of business and personal matters, including:

• Estate litigation
• Personal tax planning and wealth management
• Estate planning
• Estate and trust administration
• Family business transition
• Tax planning and litigation services
• Trust and estate litigation and dispute resolution
• Creation and administration of family partnerships, joint ventures and property-holding vehicles
• Creation of private foundations

Tax Planning Services in Barrie, Ontario

We help clients develop effective tax strategies for the management and preservation of wealth through trust planning, estate freezes, income-splitting techniques, professional corporations, tax shelters, partnership structures and private foundations.

We work with other professionals to provide advice on compensation and retirement planning. We can also provide structuring options involving life insurance and other insurance-based products where appropriate.

We provide tax advice concerning immigration and emigration to and from Canada. Our Barrie tax planning lawyers help clients manage assets in a tax-efficient manner, reduce an estate’s potential tax exposure and preserve more value for beneficiaries.

Learn more about our corporate tax litigation services.

Corporate Tax Planning Services in Barrie

DSF tax lawyers advise corporations on the design and implementation of tax plans. We assess whether an appropriate corporate structure is in place and provide tax-efficient strategies to manage corporate taxes, use available tax opportunities and reduce tax risks.

Our tax lawyers work closely with our Corporate Services and Acquisitions team when advising business owners on corporate structures, transactions and succession planning.

Barrie Estate Planning Services

Our estate planning services help clients make tax-effective decisions concerning the distribution of their estates after death, planning for incapacity and the continuation of family businesses.

We use estate planning tools involving wills, trusts, probate, property, marriage, and provincial and federal taxation. These tools can help reduce tax exposure and support the orderly transfer of assets.

Legal documents may include wills, trusts, powers of attorney and insurance-related planning documents. Each document is prepared to reflect the client’s circumstances and estate planning objectives.

Where appropriate, plans may include flexibility for future tax planning, protection from beneficiary creditors or family law claims, and directions concerning long-term care and incapacity.

Barrie Probate and Estate Administration Lawyers

We assist individuals and families through all stages of the estate administration process. This can include applying to the court for a Certificate of Appointment of Estate Trustee, notifying beneficiaries, identifying and valuing estate assets, paying valid debts, selling assets, filing tax returns and distributing the estate.

Our lawyers work with estate trustees, administrators, accountants and other advisers to manage estates of varying sizes and levels of difficulty.

When disputes arise during the administration of an estate, our estate litigation lawyers can provide advice and representation.

Lifetime Planning Legal Services

We assist clients with planning for the management and use of assets during their lifetime. This may include advice concerning joint ownership of property, family partnerships, corporations, lifetime transfers, trusts, powers of attorney and tax-efficient gifting.

Lifetime planning can help prepare for incapacity, clarify who may make financial or personal care decisions and support the future transfer of property to family members or other beneficiaries.

Estate Settlement

Our estate lawyers assist executors and estate trustees with the responsibilities that arise after the death of a family member.

Our services may include preparing and filing court documents, identifying estate assets, preparing an inventory, addressing creditor claims, coordinating final tax returns, reviewing estate accounts, interpreting the will and distributing assets to beneficiaries.

The level of legal assistance can be adjusted to suit the needs of the estate trustee and the nature of the estate.

Administration of Trusts

Our trust administration lawyers in Barrie advise trustees concerning their legal, tax, accounting and investment responsibilities.

We can assist with interpreting trust provisions, maintaining proper records, preparing tax filings, responding to tax audits and distributing trust property in accordance with the trust document.

Consult With a Tax and Estate Planning Lawyer in Barrie

A basic estate plan can help individuals and families arrange their affairs, plan for incapacity and provide clear directions for the transfer of assets.

Whether an estate is modest or substantial, our Barrie estate planning lawyers can provide advice concerning wills, trusts, tax planning, estate administration, business succession and wealth preservation.

Our legal team advises corporations, partnerships, charitable organizations, estates, trusts and individuals. We work with lawyers practising in tax, insurance, real estate and business law to address connected legal issues.

For more information about your estate planning needs, please contact one of the Barrie estate planning lawyers listed on this page. You can also learn more about our Barrie office.