If you’re a business owner in Ontario, your financial plan could be overlooking a costly problem: probate fees. 

In this episode, we explore a strategy that can save your family tens of thousands of dollars and keep your business running smoothly.

💡 What if a second will could help protect your wealth, reduce delays, and keep your affairs private?

Here’s what you’ll learn in this episode:

✅ What probate is, how it works in Ontario, and why it can be expensive for business owners

✅ How a secondary will can eliminate probate fees on private company shares

✅ Why this strategy can speed up business continuity and reduce delays for beneficiaries

✅ The added benefits of privacy and appointing different executors for personal vs. business assets

✅ Key limitations and why you must work with an experienced estate lawyer

⚠️ Caveat: This strategy isn’t available in every province (e.g., Nova Scotia doesn’t allow it), and it requires careful drafting by a lawyer with estate planning expertise.

🎧 Listen now on The Wall Street Vision Podcast.

Disclaimer: This podcast is not associated with any financial institution. The views and opinions expressed by the host and podcast guests are their own and do not reflect the opinions of any financial institution. The content provided in this post and/or podcast is for informational purposes only and should not be considered financial advice.