You’ve worked for decades—growing a business, building investments, protecting your family’s future. Now comes the next chapter: passing it all on. But how that transfer happens can mean the difference between wealth that lasts generations and wealth that disappears in one.

At Sharma & Associates Private Wealth Management, we take the complexity out of wealth transfers—and replace it with strategy, clarity, and confidence. Whether it’s preparing the next generation, minimizing tax exposure, or ensuring your intentions are honoured, we help you craft a plan that supports your family and preserves the legacy you’ve spent a lifetime building.

We work closely with business owners, incorporated professionals, and high-net-worth families to create personalized wealth transfer plans that do more than move money—they preserve values, relationships, and long-term financial security.

The ‘Great Wealth Transfer’ is already underway—will your plan hold up?

Older woman taking picture of her grandaughter

In the next few decades, trillions of dollars in Canada will shift from one generation to the next. This intergenerational wealth transfer is reshaping families, business ownership, and financial futures. But without planning, it can also introduce new risks—tax burdens, family conflict, and the erosion of assets.

That’s why our wealth transfer strategies go deeper. We handle:

  • Business succession planning that aligns tax, ownership, and operations
  • Smart use of trusts and lifetime gifting to protect capital and maintain control
  • Tax-efficient inheritance strategies, including RRSP/RRIF rollovers, capital gain exemptions, and insurance
  • Coordination of legal documents—wills, POAs, shareholder agreements—to ensure your intentions are honoured
  • Clear, structured family conversations to reduce conflict and set expectations

It’s not just about documents. It’s about designing a roadmap that protects your wealth—and your family relationships—long after you’re gone.

Bringing families together around shared purpose

Talking about money is hard—even within families. Conversations around death, inheritance, and fairness are often avoided until it’s too late. We help families break the silence.

Our approach creates space for honest, constructive dialogue about what your wealth means, how you want it used, and what your legacy should represent. Whether you’re gifting a cottage, preparing for a business handoff, or managing a multi-generational estate, we help clarify:

  • Who receives what—and why
  • How to support children or grandchildren without creating dependency
  • What values your wealth should carry forward
  • How to preserve harmony and transparency among family members

Our clients walk away with more than a tax strategy—they leave with a shared understanding across generations.

Crafting a living wealth transfer strategy

A will is important. But it’s not enough. True wealth transfer planning is ongoing. As your life evolves, so must your plan.

At Sharma & Associates, we design wealth transfer strategies that adjust with time. That means anticipating changes in your business, shifts in family dynamics, or evolving tax rules. Whether it’s updating a trust structure, adjusting charitable giving strategies, or revisiting your retirement and decumulation plan, we ensure your wealth plan is always aligned with your values and vision.

We integrate:

  • Estate planning with a focus on tax reduction and legal simplicity
  • Corporate restructuring to unlock trapped capital and reduce estate tax exposure
  • Insurance planning to create liquidity for heirs and cover tax liabilities
  • Succession roadmaps for a smooth business transition, whether to family or outside buyers

This is strategy, not guesswork—and it’s built to withstand life’s twists and turns.

Retiree woman walking on the rice field

Business succession without the burnout

If your wealth is tied to a business, transferring it is about more than money. It’s about leadership, continuity, and clarity. We help business owners design and execute succession plans that protect the business and the family behind it.

Our process includes:

  • Identifying successors—whether family, key employees, or outside buyers
  • Structuring the transition to be tax-efficient and operationally sound
  • Ensuring the business stays functional, profitable, and aligned with your long-term goals
  • Reviewing legal and shareholder documents for accuracy and consistency
  • Avoiding costly errors that could lead to CRA issues or legal disputes down the line

You’ve already built something incredible—our job is to help ensure it endures.

A legacy that lives beyond you

True wealth isn’t just about dollars—it’s about values, opportunities, and legacy. Whether you're making gifts today, planning your estate, or starting important conversations with your children, we’re here to help—with empathy, expertise, and care.

We don’t just work with your finances—we work with your family. Together, we prepare the next generation to receive, respect, and preserve what you've built.