You’ve spent a lifetime building your wealth. The next step—how to pass it on—is just as important. Because wealth transfers aren’t just about money. It’s about values, relationships, timing, and trust. Done well, it can bring a family closer together. Done poorly, it can lead to confusion, conflict, and lost opportunity.
At Judd Bisson & Associates Private Wealth Management, we help you craft a thoughtful, strategic approach to intergenerational wealth transfer. Whether you’re passing on a business, gifting a cottage, or preparing your heirs for future responsibility, we ensure your wealth flows with intention—and leaves a legacy that lasts.
The great wealth transfer is already here
Trillions of dollars are set to change hands over the coming decades in what’s now being called The Great Wealth Transfer. Families in Canada, especially high-net-worth households, are preparing to pass on not just assets—but entire life stories. Businesses, real estate, portfolios, cottages, and charitable legacies are all part of the picture.
But this isn’t a simple handoff. Without planning, taxes, poor communication, and rushed decisions can erode what’s taken decades to build. Our job is to prevent that. We bring structure and foresight to the process, turning what could feel overwhelming into a plan you trust.
Breaking the silence on wealth conversations
Talking about money—especially inheritance—can be difficult. Even in close families, these conversations are often avoided until it’s too late. We help break that silence.
At Judd Bisson & Associates, we create space for open, respectful dialogue across generations. These aren’t legal briefings or lectures—they’re honest, guided conversations about what matters most. Who gets what. What your wealth should stand for. How to prepare the next generation to manage what they’ll receive.
We talk through the questions that matter:
- What legacy do you want to leave behind?
- Who will manage your estate—and do they understand your vision?
- How can you prepare your heirs emotionally, not just financially?
- What safeguards can be put in place to protect wealth from tax or mismanagement?
The result is a family plan built on clarity, not assumptions. One that strengthens relationships and removes doubt.
A plan that moves with life
Wills and powers of attorney are important—but they’re not the whole picture. Life evolves. Family dynamics shift. Markets move. That’s why our wealth transfer plans aren’t static. We build flexible, comprehensive strategies that change as your world changes.
Here’s what’s often included:
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Estate planning
We reduce tax exposure and ensure your assets go exactly where you intend. No surprises. No delays.
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Trusts and gifting strategies
Want more control over how and when your wealth is used? Trusts help you guide that process. Gifting during your lifetime can also reduce tax and help loved ones sooner.
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Insurance planning
We use life insurance to create tax-free liquidity, cover estate costs, and give your family the financial breathing room they’ll need during transition.
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Tax reduction strategies
Every plan is built with the goal of keeping more of your wealth in your family’s hands—not the CRA’s.
Business succession with structure, not stress
For many families, the business is the legacy. But handing it over can be one of the hardest transitions of all.
Whether you’re passing it to family, selling to a key employee, or preparing it for external sale, we bring clarity to the process. We help you:
- Choose the right successor—and prepare them well
- Structure the sale or transition to minimize tax
- Ensure continuity so the business doesn’t lose momentum
Succession planning is emotional. It’s complex. But with us in your corner, it becomes manageable—and meaningful.
More than a handoff—it’s a legacy
Wealth transfer is about more than avoiding probate or saving tax. It’s about making sure your story lives on—your values, your principles, your vision.
Whether that means supporting your grandchildren’s education, keeping the family cottage in the family, or donating to a cause that matters, we help you turn ideas into action. Your legacy should reflect you—not get lost in paperwork or taxation.
