[Verse 1] When planning for your legacy to last Probate court can hold your assets fast But alter ego trusts can pave the way Keep your assets flowing without delay Joint partner trusts for common law pairs Bypass probate's costly affairs [Chorus] Estate planning wisdom, transfer with care ALTER EGO, JOINT PARTNER, assets to share Insurance protection, charity's call Family trusts standing, TOSI through it all Plan it, protect it, pass it along Estate planning keeps your wealth strong [Verse 2] Life insurance proceeds tax-free they flow But policy transfers have rules you should know Three year rule applies when you donate Capital gains may seal your fate Use insurance funding for tax bills due Liquidity planning will see you through [Chorus] Estate planning wisdom, transfer with care ALTER EGO, JOINT PARTNER, assets to share Insurance protection, charity's call Family trusts standing, TOSI through it all Plan it, protect it, pass it along Estate planning keeps your wealth strong [Verse 3] Charitable remainder trusts give you both Income for life and a giving oath Private foundations for larger estates Control your giving, choose worthy fates Tax receipts reduce your burden today While helping others in a meaningful way [Chorus] Estate planning wisdom, transfer with care ALTER EGO, JOINT PARTNER, assets to share Insurance protection, charity's call Family trusts standing, TOSI through it all Plan it, protect it, pass it along Estate planning keeps your wealth strong [Verse 4] Family trusts were income splitting gold But TOSI rules changed what we were told Reasonableness test for adult kids Capital gains exemption still permits Cross-border estates need expert advice Tax treaties prevent you paying twice [Bridge] From probate planning to charity's door Family trusts and cross-border law Each piece fits in your planning design Protecting wealth through the passage of time [Outro] Estate planning wisdom, build it with care Your legacy lasting, for those who you share
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