Our accountants assist you with the process of transferring your assets. We work with you by assisting you with retirement planning, estate planning and by planning and drafting your will. Estate planning is very complex and we are here to simplify this process. SRJCA is here to work with you to make this process a smooth one so that your loved ones are protected and your wealth is distributed and/or transferred in an orderly fashion.
Estate Accountant Toronto
Estate Planning Services in Toronto
Estate planning is the process of transferring the assets for an individual. The primary goal is to devise a plan to ensure that the estate reduces administrative fees, taxes and other expenses when assets are passed on. Anybody or any organization can be the beneficiary of the estate but naturally the beneficiaries are the children of the person's estate.
Our estate planning services in Toronto include:
- Advice from experienced estate planning consultants
- Retirement planning
- Will planning & drafting
At SRJ we provide estate planning services in Toronto to guide you and your family through the process. We will devise a plan that suits your needs and ensure that we maximize the value of the estate. Estate planning can be quite complex but our goal is to simplify what would otherwise be a difficult task. Our estate planning services will gather a team of specialists and guide your family through the process to ensure your loved ones are protected and your wealth is transferred in a smooth and orderly fashion.
Planning your Estate
When you work with us we want to achieve the following:
- Ensuring you and your family have control over who oversees the estate
- Explaining what you can expect to pay in estate fees and keeping these fees to a minimum
- Establish a method by which your family will receive money and property from the estate in the least stressful and costly manner
- Reviewing your Will with you and helping you update or change the document according to your wishes
- Anticipating and avoiding any family conflict that may arise after death
- Implementing a tax planning strategy that will minimize the taxes of the estate
Preparing yourself and your family to plan for your estate can be a daunting task. At SRJCA our estate planning specialists have years of experience and have guided several families, step-by-step, through the process of establishing an effective estate plan.
Tax Consequences & Estate Freeze
Our estate planning services in Toronto review in detail all of the potential tax consequences to the estate. Upon death, the Canadian tax rules discuss "deemed disposition," which essentially assumes all of your investments are sold at death and your estate is liable for the taxes. If you own a significant amount of investments, your estate could be liable for those taxes owing, which can be substantial.
At SRJCA our estate planning specialists will review your unique circumstances and anticipate your potential tax liabilities and devise a plan for the estate to minimize taxes and other expenses. Key benefits of an estate freeze include:
- No immediate tax liability on the estate freeze — future taxes owing from the disposition of the asset at death is established
- You maintain control of the corporation and its assets even though future growth is passed on to family members
- Income splitting tax strategies can be used to pass income to family members in lower tax brackets
- The estate freeze could allow for the use of the lifetime capital gains exemption
Estate Planning Benefits
- Minimize estate administrative fees and taxes
- Retirement planning and will drafting
- Estate freeze to defer tax liabilities
- Income splitting with family members in lower tax brackets
Estate Planning
Visit our knowledge centre to learn more about estate planning:
Fill out this form to
schedule a phone call
Estate planning is a very overwhelming and emotional process. We are here to assist in making the process as pain free as possible. Let us help protect your loved ones and your wealth. Set up a consultation with SRJCA to start your estate planning.
SRJ Chartered Accountants has two conveniently located offices in the Greater Toronto Area.
Schedule Consultation
Client Success Stories
Alyza Raithatha - Integra Health Centre
Craig Gibson - Scotiabank
Abraham Top - Diamond and Diamond Lawyers
Shayan Rashid, CPA
Co-Founder
As Co-Founder of SRJ Chartered Professional Accountants, Shayan has spent over a decade helping business owners across more than a dozen industries navigate complex tax and accounting challenges. From healthcare practitioners and legal professionals to tech startups and eCommerce brands, his strategic approach focuses on reducing tax burdens and building sustainable financial systems that scale with each client's growth.
Junaid Usmani, CPA, CA, MTax
Co-Founder
Junaid brings deep expertise in corporate tax planning and advisory services to clients across every industry SRJ serves. With a focus on professional corporations, holding company structures, and multi-jurisdictional tax strategy, he helps business owners make informed decisions at every stage, whether they're incorporating their first practice, expanding a tech company, or preparing for a business sale. His attention to detail and proactive approach have made him a trusted partner for self-employed professionals across Toronto.
Tracie Heier, CPA, CA, MPAcc
Partner
Tracie plays a key role in client relationships and engagement at SRJ, working closely with business owners across healthcare, professional services, and growing enterprises. She specializes in translating complex accounting concepts into practical guidance, helping clients understand their numbers and make confident decisions. Her collaborative approach ensures every client, from solo practitioners to established firms, feels supported throughout the year, not just at tax time.