The Federal Budget 2024 introduces pivotal changes that target many of the financial strategies of  Canada’s wealthy. With the proposed increase in capital gains inclusion rates, it is crucial to  understand how these changes affect your estate planning. Here are several strategies to  efficiently manage and effectively plan for the transfer of your wealth while also minimizing tax  liabilities ..read more

As colder temperatures start to subside, and nature bursts with new life, there's a sense of renewal in the air. Springtime brings with it the perfect opportunity to refresh and rejuvenate not just our homes and gardens, but also our most essential plans – our estate plans. Just as we clear out clutter and dust away the cobwebs during our spring-cleaning rituals, it's equally crucial to give our estate plans the attention they deserve ..read more

As we celebrate St. Patrick's Day and the luck of the Irish, let us also recognize the role that luck can play in estate planning. With MacMillan Estate Planning by their client’s side, individuals can harness the power of luck through strategic tax and investment planning, ensuring that their financial futures are secure and prosperous. So, luck may bring unexpected twists and turns, but with the right advisor, individuals can navigate these challenges with confidence and emerge victorious in safeguarding their future ..read more

As the calendar turns and a new year unfolds before us, many of us are engrossed in developing resolutions centered around personal growth, health and career aspirations. While these are undoubtedly crucial aspects of our lives, there is one vital area that often gets overlooked – your estate plan.   ..read more

Harmony for the Holidays: Balancing Quality Family Time and Relaxation while Looking Forward to the Future ..read more

As Canada grapples with its economic outlook in the aftermath of the 2023 Fall Economic Statement, many individuals and businesses are left pondering the future. Despite high expectations, the statement did not introduce significant changes or relief in taxes and fiscal policies, particularly impacting sectors reliant on charitable donations, which now face potential constraints due to changes in the Alternative Minimum Tax ..read more

In the heart of a charming Calgary neighborhood, the Somerville Duplex has stood as a silent witness to over a century of history. This building, constructed in the Tudor Revival style in 1911 during the Canadian Pacific Railway expansion in Calgary, has a rich past as the home of prominent figures such as entrepreneur Wm. Somerville and Abraham Belzberg. However, in more recent years, the building had fallen into disrepair, becoming a shadow of its former self. That was until Sheri MacMillan, the CEO of Macmillan Estate Planning and a visionary owner, stepped in to breathe new life into the ..read more

As 2023 winds down and we anticipate the festive warmth of the holiday season, strategic financial introspection is more essential than ever. One topic that has consistently resonated in financial circles this year is the federal government’s upcoming Fall Economic Statement, with its anticipated implications on wealth taxes ..read more

As 2023 progresses towards its conclusion, it's a time for reflection on the past months and consideration for the future. Amidst these reflections, the importance of proactive estate planning emerges, particularly in light of the financial challenges of the year.  ..read more

Building a successful business empire is often the result of relentless dedication, visionary leadership, and unwavering commitment. However, the legacy of a successful business doesn’t end with the founder. Ensuring a seamless transition of ownership and leadership is crucial for preserving a business and securing the future of both family and business. Business succession planning, taking appropriate steps and considerations are essential to safeguard your entrepreneurial legacy. The experts at MacMillan Estate Planning are here to support you to develop a fulsome business succession plan ..read more