As summer winds down, many families find themselves shifting gears—from holidays and lake time to schedules and school supply lists. But August also offers something less obvious: the perfect window to revisit your estate plan.
At MacMillan Estate Planning, we often refer to this moment as the season of strategic transition. It's a quieter pause before the rush of fall. And it’s when many high-net-worth families can gain real clarity about what matters most—and how well their estate plan protects it.
1. Your Family Has Changed—Has Your Plan?
Whether you’ve welcomed a new grandchild, acquired vacation property, or finalized a business transaction, life moves fast—and plans must keep up.
Too often, families assume their Will or trust from five or ten years ago still works. But major life events—especially ones involving new family dynamics or cross-border assets—can significantly shift your risk and tax exposure.
2. The CRA’s New AMT Rules Are No Joke
In 2025, high-income earners and philanthropists are especially at risk of unexpected taxation.
With new Alternative Minimum Tax (AMT) rules now in effect, Canadians earning over $180,000—or those making large charitable gifts—may find themselves blindsided come tax time.
A comprehensive estate plan doesn’t just protect your wealth at death—it helps you optimize and shelter it during life
3. August Is Ideal for Family Alignment
With many families still gathering for late-summer trips or reunions, this season creates a natural setting to start those legacy conversations.
At MacMillan, we help clients incorporate their values into their planning—not just their financials. From bloodline trusts to charitable foundations, we ensure your estate plan reflects your goals for generations to come.
Ready for a Mid-Year Checkup?
Whether your estate is valued at $3 million or $30 million, it’s not just about having a plan—it’s about having the right one. One that adapts, protects, and grows with you.
Join our next free online webinar: Thursday, August 14 at 6:30 PM MT Register here
Or speak privately with one of our senior planners: Book a complimentary consultation
