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The Legacy Scorecard

Eight questions. 90 seconds. Find out where your estate stands under Section 70(5) — and whether the number your family would face is one you have planned for.

No email required. Results on screen immediately.

Question 1 of 9

Do you own an incorporated business?

A Canadian private corporation with shares in your name.

Question 2 of 9

Do you own property beyond your principal residence?

Rental condos, vacation homes, commercial buildings, bare land.

Question 3 of 9

What province are you in?

Tax rates and probate fees differ significantly between provinces.

Question 4 of 9

What is the estimated total value of your corporation and/or properties?

Approximate fair market value. Does not need to be exact.

Question 5 of 9

Do you have corporate-owned life insurance?

A policy owned by your corporation with the corporation as beneficiary.

Question 5b of 9

How does your coverage compare to the value of your corporation or properties?

If your corporation is worth $3M, the estate tax without planning could exceed $800,000 in capital gains alone. Does your current coverage come close to that?

Question 6 of 9

Do you have a buy-sell agreement with any business partners?

A legally binding agreement for what happens to shares if an owner dies.

Question 7 of 9

Have you done an estate freeze on your corporation?

An estate freeze locks the current value of your shares, so future growth passes to the next generation.

Question 8 of 9

Has anyone ever shown you the specific dollar amount your estate would owe CRA at death?

Not a general conversation — a specific number using current tax rates for your province.

Your Score Is a Starting Point. Your Number Is What Matters.

The scorecard tells you whether you have exposure. A 15-minute review tells you exactly how much. Current BC or Alberta rates. Your specific corporation, properties, or both. No obligation.

Book a Free 15-Minute Review Or explore the learn library →

NE Capital operates under NE Financials Inc. Insurance products provided through World Financial Group. This content is educational and does not constitute tax, legal, or financial advice. Consult qualified professionals for advice specific to your situation.

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