After working to understand your short- and long-run goals, we will collaborate with a passionate, experienced team of BMO Private Wealth specialists to create your customized and complete wealth plan. Together, we will advise you regarding tax considerations, create trusts if required, and help you plan and protect your estate and legacy.
Our broad network of BMO Private Wealth subject matter experts brings you tremendous financial bench strength:
We will also work closely with your own lawyer or accountant – or we can recommend a trusted professional if needed – to ensure that you receive streamlined, coordinated and tailored retirement, estate and tax planning services.
With the specialized assistance of our BMO Private Wealth partners, we can add significant value when helping you and your loved ones to prepare for major milestones or manage periods of transition; for example, when you:
Our team will constantly adjust your plan and banking services to external conditions and life transitions to ensure your goals are proactively, strategically managed.
We can help you to plan astutely so you can live the retirement you envision. This involves more than simply setting aside enough money to last 30 years or more.
We will:
You’ve accumulated substantial wealth over the years. Working together with our trusted partners at BMO Estate & Insurance Advisory Services, we can recommend strategies to help you preserve and enhance your wealth before, during and after retirement and then transfer it tax-efficiently to your loved ones.
We will collaborate with you to help in context of your overall wealth management, whether you’re focused on:
We can help you to make a real difference in the world and experience the personal rewards of shaping your legacy by:
Through our strategic, process-driven approach, we will help you to translate important personal values into a philanthropic investment in an organization or cause that resonates with your beliefs.
Giving through a private foundation
A private foundation is the most highly structured and personal form of long-term giving, and the best suited for strategic philanthropy. Our team can help with all related tasks, including Canada Revenue Agency charity returns, meeting preparations, recipient charities and tax compliance issues.
The BMO Charitable Giving Program
This program lets you contribute to a donor advised fund administered by the Charitable Gift Funds Canada Foundation and managed by BMO Nesbitt Burns. This Foundation is an independent, non-profit charitable organization and is registered as a public foundation with the Canada Revenue Agency. That means you receive cost-efficient and tax-maximizing benefits.
The BMO Charitable Giving Program gives you flexibility in how you manage and execute your charitable giving strategy in a cost-effective manner. You save time because you leave all the administrative responsibilities to the program’s charitable partner, Gift Funds Canada. You’re relieved from the responsibilities of managing, reporting and making distributions to your qualified charitable beneficiaries.