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The Canadian Family Enterprise™

13974488_mYour family enterprise is a major component of your wealth, and you have worked hard to build it into what it is today. Now you want to take it to the next level. The successful transfer of your family enterprise from one generation to the next doesn’t have to be difficult. Expertise and planning is the key, and the earlier you start, the more options you will have.

The decision to transfer your family enterprise to the next generation can have huge implications for your wealth and the success of the next generation. It’s not enough to build a family enterprise worth millions; you have to make sure you have a transition strategy to preserve your wealth while setting up the next generation to succeed. The strategy needs to be tax efficient and fair to all family members and employees.


Canadian Agriculture 2015 - British Columbia 3
Canadian Agriculture 2015 – British Columbia Guest post by Coach Sylvia Fredenslund- Fredenslund Farm Coaching Denmark Sylvia Fredenslund was invited by CAFA (Canadian Association of Farm Advisors) to hold a lecture at the recent “Ag In Motion” agricultural exhibition in Saskatoon Saskatchewan, about her experiences with the crisis in the Danish [...]
Mon, Mar 21, 2016, Continue reading at the source
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Family Farm Tax Planning Strategies If you own a family farm and are considering transferring it during your lifetime, you may need to address a number of issues relating to the transfer. Some of these issues you may need to consider are: ROLLOVERS A rollover provision permits property to be transferred between [...]
Sat, Jan 16, 2016, Continue reading at the source
Judy Finseth with a retired bull, Bar Pipe Ranch, Calgary in July 2015 by Sylvia Fredenslund Guest post by Coach Sylvia Fredenslund- Fredenslund Farm Coaching Denmark Sylvia Fredenslund was invited by CAFA (Canadian Association of Farm Advisors) to hold a lecture at the recent “Ag In Motion” agricultural exhibition in Saskatoon [...]
Sun, Dec 20, 2015, Continue reading at the source
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CURRENT, CONNECTED & CERTIFIED Please join CAFA Meet Rita Kim and learn about Partners for Growth Advisory Services. Rita Kim is financial industry specialist with a passion for service and a keen eye for the details that can make or break a growing business. With a background in entrepreneurship and years of experience [...]
Fri, Oct 16, 2015, Continue reading at the source
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Guest post by Coach Sylvia Fredenslund- Fredenslund Farm Coaching Denmark Sylvia Fredenslund was invited by CAFA (Canadian Association of Farm Advisors) to hold a lecture at the recent “Ag In Motion” agricultural exhibition in Saskatoon Saskatchewan, about her experiences with the crisis in the Danish farming and handling problems in [...]
Sat, Sep 26, 2015, Continue reading at the source
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A parent can transfer farm land to their child on a tax-deferred basis on their death provided certain requirements are met James is married to Mary and they have a son Bob. In 1996 James acquired a section of land, which he farmed until he retired in 2014. Since James retired, the [...]
Sat, Sep 12, 2015, Continue reading at the source
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CURRENT, CONNECTED & CERTIFIED Please join CAFA Thursday, September 17, 2-5 pm 26965 – 20th Avenue, Aldergrove, BC V4W 2P2 Exclusive 3 Farm Tour (Farm Advisors only) Oranya Farms Organic Chicken The Spitters' family has long farming heritage. Opa Spitters immigrated to Canada from Holland in 1954. Coming from a farming family, he knew that [...]
Thu, Sep 10, 2015, Continue reading at the source
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Lifetime capital gains exemption can save you hundreds of thousands in taxes You've no doubt heard the saying by Benjamin Franklin: “In this world nothing can be said to be certain, except death and taxes.” Though the expression rings true, there are many strategies available to reduce the amount of taxes [...]
Wed, Sep 09, 2015, Continue reading at the source
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Proper planning will help to maximize your family's wealth Wayne and Joanne have a grain and cattle farm and are thinking of retiring within the next five years. Their eldest son Jim is the only one of their three children who wants to continue farming. Five years ago, they transferred some [...]
Tue, Sep 08, 2015, Continue reading at the source
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If you own a family farm you will need to address a number of issues relating to the transfer of the family farm on your death. ROLLOVERS One strategy for minimizing tax on death includes the use of certain rollover provisions. A rollover provision permits family farm property to be transferred between [...]
Mon, Sep 07, 2015, Continue reading at the source
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Farm succession requires expert advice and planning The family farm, you have worked hard to build it into what it is today and now it is a major component of your wealth. You are ready to retire and enjoy the fruits of your labour and pass the torch on to the [...]
Sat, Sep 05, 2015, Continue reading at the source
Little House on the Prairie - Saskatchewan
Guest post by Coach Sylvia Fredenslund- Fredenslund Farm Coaching Denmark Sylvia Fredenslund was invited by CAFA (Canadian Association of Farm Advisors) to hold a lecture at the recent “Ag In Motion” agricultural exhibition in Saskatoon Saskatchewan, about her experiences with the crisis in the Danish farming and handling problems in [...]
Sat, Aug 22, 2015, Continue reading at the source
Residential real estate mortgage application document form over financial figures paperwork for a loan transaction lender approval processing and commitment with ink pen (fictitious document with authentic legal language)
By Adrian C. Spitters, FCSI®, CFP®, FMA If you're like most people, you know that the taxman has a habit of taking a huge bite out of your nest egg. This is especially true for farmers. Farm values (land and quota) have gone up significantly in the past decade and interest [...]
Thu, Jul 16, 2015, Continue reading at the source
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The face of today's Canadian farmer typically comes with a few wrinkles. But a poll released by RBC Agriculture finds many Canadian farmers virtually no succession plan in place. The 2015 Canadian Agricultural Outlook Survey was released April 30 and finds a number of uncertainties facing Canadian farmers. “We know that farmers [...]
Mon, Jul 06, 2015, Continue reading at the source
Wealthy testament
Through hard work and perseverance, Mark grew his modest farm into a very successful farming operation before he sold it. At his death, Mark's children were surprised to find that their father had amassed an estate worth over $6,000,000. During his lifetime, Mark had taught his three children the value of [...]
Sat, Jun 13, 2015, Continue reading at the source