In this episode of the Family Office Insider podcast, Jason Nagel discusses a critical but often overlooked part of estate planning: preparing your children to responsibly manage the wealth they will eventually inherit. Jason shares practical strategies high-net-worth families can use to educate their kids about money management, taxes, investments, and working with professional advisors. He also highlights why early financial education is essential, not just for handling an inheritance, but for building lifelong financial competence.

Jason explains how involving your children in meetings with accountants and portfolio managers can demystify financial discussions and help them develop the confidence to make smart decisions. If you're looking for a planning-focused advisory firm that is not focused on product sales, visit three60wealth.ca to book a complimentary consultation.

Listen now to learn how to equip the next generation for success!

Should You Gift Assets to Your Children Now or Later?

Family Office Insider Podcast | Hosted by Jason Nagel

In this episode of the Family Office Insider Podcast, Jason Nagel explores a question that many parents face: Should you gift assets to your children while you're still alive, or wait until your passing?

Jason breaks down the key considerations behind both strategies, including:

• The emotional and educational benefits of gifting during your lifetime
• Tax implications and the concept of deemed disposition
• The impact on your estate size and ultimate tax liability
• Potential creditor risks your children may face

Whether you're thinking about gifting cash, property, or investment accounts, this episode will help you better understand the planning process, and the importance of aligning your decisions with your overall goals and risk tolerance.

If you're interested in a complimentary conversation to see if we're a good fit, visit us at Three60Wealth.ca.

In this episode of the Family Office Insider, Jason Nagel dives into one of the most cherished yet complex estate planning topics: how to keep the family cabin or cottage in the family for generations to come. With spring in the air and families getting ready to head back to their seasonal retreats, now is the perfect time to start thinking about how to create a clear, effective plan to avoid future disputes and preserve the cabin legacy.

Jason shares practical steps for parents, including:

• Creating a co-ownership agreement with your children
• Establishing a trust fund to cover major cabin expenses
• Setting up a fair usage schedule
• Defining roles and responsibilities for cabin upkeep
• Planning for unexpected financial shortfalls or a child opting out
• Considering the tax implications of passing down the property
• Using insurance and tax strategies to fund future liabilities

Whether your family cabin is a weekend getaway or a multi-generational treasure, this episode provides the insights you need to start meaningful conversations with your loved ones and your estate planning professionals.

Don’t miss this must-listen episode, perfect for any family who wants to preserve their cottage legacy without conflict.

Learn more or connect with us at Three60Wealth.ca