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Estate Planning is essential as a business owner- don't let an unfortunate accident cost you your family's livelihood! Plan for events while there is time to do it.

Estate Planning in Markham
Estate Planning is starting to be taken seriously in Markham as many small and medium family run businesses have been forced to plan for the future in order to ensure that the loss of a key family member doesn't end the business at the same time. It's not just a case of having a will anymore- as a business owner you have to think about the well being of the organization that will stay behind and help to make your loved ones lives easier and more secure. A business that undergoes a smooth transition is the best life insurance policy you can leave your family- it is more than just a payout, it is a source of income that can continue to grow for your family for years to come. It is the ultimate legacy and needs to be carefully planned and prepared for while you are alive and well.

Now is the time to get in touch with Simkover and Associates in Markham to plan for the future success of your business. Following the loss of a key leader in a family run business, many companies tear themselves apart- and not just because of personal differences and disputes over the disposition of assets. Poor record keeping that does not meet Canadian generally accepted accounting principles (GAAP) can lead to a dangerous loss of a companies' cohesion at a time when surviving leaders are distracted. Poor estate tax planning can be a crippling blow to a business if it hasn't been planned for in advance and given the current economic climate it is a risk that should not be taken lightly!

Plan today for the future and ensure that your business can continue to support your family when you are gone. Contact Simkover and Associates today to learn how.

Estate Planning in Markham- preparing for the future | Simkover and Associates, CA

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