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( 01 )Between Generations

Wealth transfer planning —move it on purpose, or lose it in transit.

Wealth moves between generations exactly once — through a corridor of taxes, probate, timing, and family dynamics. Insurance is the instrument that lets you choose how much survives the trip, and exactly where it lands.

( 02 )What It Is

Transfer is a design problem, not an event.

Every dollar you don't spend will be transferred — the only question is how deliberately. Unplanned transfers route wealth through the deemed disposition, probate, and estate administration, then distribute what's left on the court's timeline. Planned transfers pre-fund the taxes, bypass the queues where possible, and deliver defined amounts to defined hands.

Life insurance is the transfer instrument Canadian tax law treats most generously: death benefits are generally received tax-free by named beneficiaries, proceeds typically bypass probate on those amounts, and cash value can grow tax-advantaged inside exempt policies within Income Tax Act limits while you’re alive.

For incorporated families, the corridor widens further: corporately owned policies may generate Capital Dividend Account credits at death — potentially allowing corporate surplus to reach the next generation as tax-free capital dividends, subject to CRA rules, instead of exiting as heavily taxed ordinary dividends.

Tanya's transfer work always begins with intent: who should receive what, when, and with what protections — then builds the funding architecture around those answers with your lawyer and accountant, so the plan on paper is the plan that actually happens.

Wealth transfer interacts with wills, trusts, family law, and CRA rules — including attribution and the deemed disposition. Every structure described here is implemented in coordination with your legal and tax advisors.
( 03 )How It Works

Four corridors wealth can travel.

( i )

Direct to beneficiaries

Named-beneficiary insurance proceeds: generally tax-free, typically probate-bypassing, delivered in weeks — the cleanest corridor Canadian planning offers.

( ii )

Through the estate

The will's corridor — necessary for many assets, but exposed to the deemed disposition, probate costs, delay, and public record. Insurance pre-funds its tolls.

( iii )

Through the corporation

For incorporated families, CDA-routed insurance proceeds may move corporate wealth to heirs tax-efficiently, subject to CRA rules.

( iv )

During your lifetime

Strategic gifts and policies on adult children — including cascading structures — that start the transfer early, on your terms, with your eyes open.

( 04 )The Leakage Report

Where unplanned transfers lose their value.

Taxes at death

The deemed disposition taxes accrued gains in the estate's highest brackets — the single largest toll on most substantial transfers.

Probate & delay

Court fees are the visible cost; the eighteen-month wait, frozen assets, and forced-sale discounts are the expensive part.

Family friction

Ambiguity is a tax too. Undefined intentions become disputes, and disputes consume estates faster than the CRA does.

A transfer plan is simply these three leaks, found in advance and funded for less than they'd cost. Tanya's consultation maps all three against your actual balance sheet.

( 05 )Common Scenarios

Transfers designed on purpose.

I

The skip-a-generation gift

Grandparents in Calgary fund policies benefiting grandchildren — a defined, generally tax-free amount arriving directly, outside two layers of estates, exactly as intended.

II

The cascading policy

A parent insures an adult child, with cash value growing tax-advantaged within prescribed limits; ownership later transfers to the child under provisions that may permit tax-deferred rollover, subject to CRA rules — wealth moving down with the policy.

III

The corporate exit ramp

A family holdco's surplus is repositioned into exempt insurance; at death, CDA-routed capital dividends deliver it to the next generation tax-efficiently instead of drip-feeding taxable dividends for decades.

IV

The fairness architecture

The business to one child, insurance-funded equivalence to the others, defined amounts to a blended family's every branch — intent, made contractual.

( 06 )Common Questions

Wealth transfer, answered plainly.

How is this different from estate planning?+
Estate planning governs what happens at death — wills, executors, probate, taxes. Wealth transfer planning is the wider design: how value moves between generations before, at, and after death, through every available corridor. Estate planning is a chapter; transfer planning is the book. Tanya works on both, with your lawyer holding the pen on legal documents.
Can I really transfer a policy to my child tax-efficiently?+
The Income Tax Act contains provisions that may allow a policy on a child's life to be transferred to that child on a tax-deferred rollover basis, subject to specific conditions and CRA rules. It's the engine of cascading strategies — and precisely the kind of move that's executed with your accountant, never improvised.
What's the single biggest transfer mistake you see?+
Waiting. Insurance-based corridors price on age and health, corporate structures reward early setup, and intentions left undocumented become disputes. The second biggest: naming the estate as beneficiary by default and routing tax-free proceeds straight into the probate queue.
Do trusts replace the need for insurance?+
They solve different problems. Trusts govern control and timing; insurance creates the tax-efficient liquidity that funds what the trust intends. Many strong transfer plans use both — Tanya coordinates with your lawyer so the instruments reinforce each other.
How early should transfer planning start?+
The moment there's something worth transferring and someone worth transferring it to. Early plans get cheaper funding, more corridor options, and decades of tax-advantaged growth. Late plans still help — but every year of delay quietly narrows the menu.
( 07 )Where Families Plan With Tanya

Intergenerational planning, across three provinces.

Tanya designs wealth transfer strategies for families throughout Alberta — including Calgary, Edmonton, and Grande Prairie — across British Columbia, including Vancouver, Victoria, and Kelowna, and throughout Ontario, including Toronto, Ottawa, Mississauga, and Hamilton.

generations
( 08 )Begin The Conversation

Decide where your wealth lands — while it's still your decision.

One conversation to map the corridors, price the tolls, and put your intentions in writing.

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()Book Your Consultation

Choose a time. The strategy hour is on Tanya.

Pick any open slot — the calendar is live. One relaxed, plain-language conversation about what you've built and what you want it to do. No cost, no obligation, no pressure.

  • Complimentary & no obligation
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30-minute consultation · Live availability
Licensing & Regulation. Tanya Michel is a licensed insurance broker serving clients in Alberta (regulated by the Alberta Insurance Council — Licence # [confirm]), British Columbia (regulated by the Insurance Council of British Columbia — Licence # [confirm]), and Ontario (regulated by the Financial Services Regulatory Authority of Ontario — Licence # [confirm]). Insurance products are issued by Canadian life insurance companies; features, values, and guarantees are governed by the terms of each policy contract. Tax outcomes depend on your personal circumstances and current legislation — always consult your accountant, lawyer, or tax professional before acting.