Smart Tax Planning: Creating a Legacy That Gives Back
Part 7 of 7 | Financial Wellness Series
In the final episode of our Financial Wellness Video Series, Doug Buss, founder of YourStyle Financial, joins Rafiq Punjani from Right at Home to discuss how thoughtful tax planning can help families keep more of what they’ve earned — while also supporting the causes that matter most to them.
Doug explains that many families are naturally generous and want to give back to their communities and charities. But without proper tax planning, much of a person’s estate — including pension income and registered funds — can become taxable upon passing.
“When we take time to plan, we can make sure families give in a way that reflects their values — and that their money goes where they want it to go,” says Doug.
By ensuring children are listed as beneficiaries and arranging for registered, taxable funds to go directly to chosen charities, families can reduce their overall tax burden while making a lasting impact. This approach not only helps charities receive more support, but it also allows families to feel confident that their legacy lives on.
🎥 Watch the full video below to learn how smart, compassionate tax planning can balance generosity, efficiency, and family legacy.
📆 This is the final episode (Part 7) in our Financial Wellness Series. Thank you for joining us each week — and stay tuned for more helpful insights and financial planning discussions from YourStyle Financial.