You’ve worked hard to build something bigger than yourself—whether it’s a thriving business, a growing portfolio, or a family legacy. But without a clear plan, your life’s work could unravel under tax burdens, legal delays, or unintended family disputes. At Afshar & Machaalani Group Private Wealth Management, we approach estate planning for business owners as the foundation of your financial strategy. We help you protect what you’ve built and transfer it with intention.
Personalized estate planning Edmonton families trust
Your estate plan should reflect the unique values, relationships, and financial complexity of your life. Whether you’re a small business owner preparing for succession or a high-net-worth family navigating complex assets, our team builds structured, tax-efficient plans that hold up across generations.
We focus on building clarity around your intentions: Who inherits what? When? How? And how can we protect your family from unnecessary tax, confusion, or hardship?
Estate planning for small business owners: Beyond succession
Many small business owners in Alberta pour their heart into growing their company—yet overlook the consequences of exiting without a plan. Who will own the business? Who will run it? Will taxes force your family to sell valuable assets just to cover the bill?
Our estate planning for small business owners includes:
- Business succession strategies that preserve value and ease the transition
- Shareholder agreements and buy/sell strategies that prevent disputes
- Insurance-funded solutions that provide tax-free liquidity to your estate
We ensure your business passes on with purpose.
Tax-efficient strategies for high-net-worth estate planning
Estate planning for high-net-worth individuals is a world apart from traditional wills and probate. With large estates, tax becomes the biggest threat. That’s why tax strategy is the backbone of every plan we create.
Our Edmonton estate planning team uses tools like:
- Tax-exempt life insurance to create tax-free liquidity
- Trusts that shield wealth while managing distribution timelines
- Charitable strategies that reduce taxes while extending your legacy
Estate transfer built around clarity and control
A well-built estate plan doesn’t stop at naming beneficiaries. It structures how wealth moves and when—avoiding unnecessary taxes, family confusion, or irresponsible spending.
Through real-time scenario modelling, we help you test strategies before implementing them. What happens if your RRSP is drawn down early? How will a second property impact your final tax bill? What’s the best way to balance inheritances between children involved in the business and those who aren’t?
Life insurance: The unsung hero of estate planning
Life insurance is more than a safety net—it’s a powerful tax and estate tool. For high-net-worth estate planning, it can be the difference between your family keeping or losing key assets.
We often use life insurance to:
- Offset estate taxes without liquidating assets
- Equalize inheritances between family members
- Fund charitable legacies in a tax-smart way
The payout is tax-free, the impact is immediate, and the planning is precise.
Philanthropy as a lasting legacy
Your estate can reflect your values. Whether you want to fund scholarships, support a local cause, or set up a donor-advised fund, we help you build generosity into your plan. Charitable strategies reduce your estate’s tax burden while transforming your wealth into long-term impact.
Planning that evolves with life
We structure your estate plan to evolve with you, keeping it current through regular check-ins and real-time planning updates. Our structured service ensures nothing is missed—and everything is built to last.