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How do I transfer my business to my family members in Canada? As baby-boomers come closer to retirement, this question is on many of their minds. As a Tax Accountant in Mississauga, I have assisted many business owners in successfully transferring all or a portion of their business to family members through the use of an Estate Freeze. Follow us on Twitter - https://twitter.com/Madan_CA Like us on Facebook - https://www.facebook.com/MadanCharter... Add us on Google Plus - https://plus.google.com/u/1/108551869... Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Table Of Contents 02:10 - Estate Freeze 02:35 - Create A Family Trust 03:35 - Cancel Old shares In Company For Preferred Shares 03:51 - Old Company Issues Shares To Family Trust We started with the question, "How do I Transfer my business to my family members in Canada?" The answer is to implement an estate freeze, which will allow you to: • Avoid any income tax whatsoever on the transfer of your business to your family members • Retain control of your business through the use of a family trust • Ensure a steady stream of retirement income for yourself About the Author -- Allan Madan -- Tax Accountant Mississauga, Oakville, Toronto Allan Madan is a Chartered Accountant and Tax Accountant in Mississauga, Oakville and Toronto, Ontario, Canada. He has helped many business owners successfully transfer their business to family members in Canada. To learn more about Allan, visit his website http://madanca.com For additional information on Estate Freezes in Canada, see http://madanca.com/Accountant-Mississ... Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.