Inheritance Planning in London, Ontario

Plan for the Future. Protect Your Legacy.

Whether you’re preparing to leave an inheritance, navigating the responsibilities of receiving one, or looking to provide a living inheritance during your lifetime, thoughtful financial planning is key. At MacLean Investment Group in London, Ontario, we offer personalized advice to help you make confident, tax-efficient decisions about your legacy.

Why Inheritance Planning Matters

Many Canadians receive or pass on significant wealth without a clear plan, resulting in unexpected taxes, family conflict, or mismanaged assets. Inheritance planning ensures your wishes are carried out, your estate is preserved, and your loved ones are supported with clarity and care.

Key benefits:

Minimize estate taxes and probate costs
Distribute wealth according to your wishes
Protect beneficiaries from financial strain
Incorporate inheritance into your retirement or business succession plan

Inheriting Wealth — What You Need to Know

If you’ve recently received an inheritance, or anticipate one, it’s important to understand the financial, emotional, and legal implications. We help you evaluate your options, reduce tax exposure, and make smart choices for your future.

Our advisors can help with:

Managing lump sum inheritances
Tax planning strategies
Investment guidance aligned with your goals
Integrating inherited assets into your financial plan

Learn more about what to do when receiving an inheritance

Giving a Living Inheritance

A living inheritance allows you to support loved ones during your lifetime — whether that’s helping with a home down payment, education, or early retirement. We help you plan these gifts without compromising your own financial security.

Considerations include:

Tax-efficient gifting strategies
Impact on your retirement and estate
Setting expectations with beneficiaries
Preserving family harmony

Learn more about giving a living inheritance

Planning Your Estate Inheritance

Effective estate planning ensures your assets are distributed smoothly and efficiently. We work closely with legal and tax professionals to create a comprehensive plan tailored to your life and legacy.

Estate planning services include:

Will and beneficiary review
Trust and tax planning coordination
Charitable giving strategies
Succession planning for business owners

Learn more about planning your estate inheritance

Why Work With MacLean Investment Group?

Our team understands the personal nature of inheritance planning. We combine decades of experience with a client-first approach to offer compassionate, customized advice that evolves with your life.

What sets us apart:

Local expertise in Ontario tax and estate laws
Fully personalized financial strategies
Discreet and empathetic guidance
Strong partnerships with estate lawyers and accountants

Start Planning Today

Whether you’re preparing to give or receive an inheritance, we’re here to help.

[Schedule a consultation] with one of our advisors in London, Ontario to get started.

Frequently Asked Questions

Do I have to pay taxes on an inheritance in Canada?

In Canada, beneficiaries typically do not pay tax on the amount they inherit. However, the estate may be responsible for taxes on capital gains or registered investments before distribution. A financial advisor can help you understand what applies in your situation.

What should I do when I receive an inheritance?

Start by meeting with a financial advisor to assess your new financial situation. It’s important to consider taxes, existing debt, savings goals, and long-term investment strategies before making major decisions or purchases.

What’s the difference between estate planning and inheritance planning?

Estate planning focuses on how your entire estate will be managed and distributed after your death. Inheritance planning is more focused on the financial strategy behind giving or receiving assets, often as part of your estate plan.