Tax and Regulatory Valuation

KNAV provides expert valuations for gift and estate planning in Canada, offering accurate appraisals that comply with tax regulations. Our valuations help minimize tax liabilities and ensure proper wealth transfers. With a focus on privately held businesses, real estate, and complex portfolios, we deliver comprehensive reports for estate settlements.

At KNAV, we specialize in providing expert valuations for gift and estate planning tailored to meet the specific needs of the Canadian market. Our team of seasoned professionals delivers accurate, defensible appraisals that comply with Canadian tax regulations, ensuring proper reporting for wealth transfers and estate settlements. Whether you are planning the transfer of wealth to the next generation or managing an estate, we work closely with your legal and financial advisors to assess the fair market value (FMV) of assets such as privately held businesses, real estate, and complex investment portfolios.

In Canada, when an individual gifts assets, it is generally considered a “deemed disposition” for tax purposes. This means the person making the gift is deemed to have sold the asset at its FMV at the time of the gift, and any resulting capital gains are subject to tax. For example, if you gift property or investments that have appreciated in value, the capital gain on that appreciation is taxable to the person giving the gift. There are some exceptions, such as gifts to a spouse or common-law partner, where certain tax deferrals may apply. However, gifts to non-spouse recipients, such as children, would typically trigger this deemed disposition and potential capital gains tax.

By conducting meticulous valuations, we help clients minimize potential tax liabilities while maximizing the value of their assets. Our comprehensive reports are designed to withstand scrutiny from the Canada Revenue Agency (CRA), offering peace of mind that your gift or estate transfer complies with all legal and tax requirements. With a deep understanding of domestic and cross-border tax considerations, our experts ensure that your estate planning is thorough and effective.

We recognize that estate and gift valuations can be complex and time-sensitive, which is why our firm emphasizes clear communication and prompt service. We take the time to understand your unique situation and provide tailored advice to help preserve your wealth for future generations. Whether you are planning ahead or facing an immediate estate tax situation, our expert valuations provide the clarity and confidence you need to make informed decisions within the Canadian tax framework.