Providing for future generations through estate planning is foremost on many peoples’ minds. From cottages to cash, many Canadians want to secure the luxuries they’ve enjoyed for the next generation. Doing so, however, is not always easy. There are tax implications to be considered with all inheritances, from money or property, and seeking the advice of a tax specialist is a wise choice. Otherwise, the funds that you’re setting aside for your children just may end up in the government’s coffers instead!