July Is the Mid-Year Moment Your Estate Plan Needs

For many high-net-worth families, July offers a natural pause — a quieter point in the calendar that invites reflection. It’s also an ideal time to revisit your estate plan to ensure it still protects what matters most.

At MacMillan Estate Planning, we often meet clients who created basic wills or trust structures years ago, but haven’t reviewed them since. Even the strongest estate plans can become outdated — and when they do, families risk unnecessary tax exposure, legal delays, and unintended consequences.

Why Mid-Year is the Right Time to Review

1. Life Changes Can Shift Everything A recent property purchase, business transition, new grandchild, or even an international move can drastically affect the suitability of your current plan. If these changes aren’t reflected, your estate may be vulnerable to probate or conflict.
   
   
2. Trusts Require Ongoing Oversight Many high-net-worth families have incorporated testamentary or inter vivos trusts. While these are powerful tools, they require proper maintenance and review — particularly with Canada’s 21-year deemed disposition rule and evolving tax regulations.
   
   
3. Peace of Mind Is a Living Goal Estate planning is about more than protecting wealth. It's about protecting your family, your legacy, and your wishes. Ensuring your documents are current — and complete — provides clarity for loved ones and confidence for you.

Learn What a Comprehensive Plan Looks Like

If you're wondering whether your existing documents are enough — or if you’ve never created a plan — we invite you to attend one of our complimentary online seminars this month. These sessions are designed for high-net-worth individuals and families and will walk you through what a truly complete estate plan should include.

Upcoming Webinars:

Wednesday, July 17th at 6:30 PM (MT) 
Wednesday, July 31st at 6:30 PM (MT)

Topics will include:

• Reducing probate and protecting privacy
• The strategic use of trusts to safeguard family and assets
• Integrating tax efficiency, legal clarity, and legacy goals
• Avoiding the pitfalls of fragmented or outdated planning

Reserve your seat at www.macmillanestate.com/seminars or call 1-833-266-6464.

Whether your estate is valued at $3 million or $30 million, the goal remains the same: to protect what you’ve built — and ensure it’s passed on with intention, confidence, and care.