Executing Your Estate Plan: The Last Piece of the Puzzle

In a recent Espace Magazine article, Katherine Borsellino, Vice-president, and Jennifer Vineberg, Senior Manager, examine why executing an estate plan is often the most overlooked yet essential step for business families. While significant effort is dedicated to structuring businesses, real estate holdings and family governance frameworks, these plans are frequently left uncoordinated or outdated as business priorities, family dynamics and life events evolve.

The article emphasizes the importance of viewing estate planning as an ongoing process, with particular focus on tax implications on death, estate freezes, postmortem planning strategies, and the alignment of wills with governing documents such as shareholder agreements, trusts and marriage contracts. Our experts also highlight the strategic role of life insurance in managing liquidity, mitigating tax exposure and supporting the orderly transfer of wealth.

By underscoring the value of proactive planning, regular reviews and integrated governance, the article illustrates how effective execution can help preserve wealth, reduce complexity and ensure continuity across generations.

Read the full article in Espace Publications.