MKP Chartered Professional Accountants is now officially PDC Accounting Evolved
PDC Accounting provides estate and succession planning support for business owners and organizations across British Columbia and Ontario. Our services help clients consider long-term continuity, ownership transition, and financial structure as part of a broader accounting and advisory relationship.
Estate and succession planning at PDC Accounting focuses on financial clarity and coordination, supporting informed planning alongside legal and other professional advisors.
Estate and succession planning involves preparing for the future transition of business ownership, leadership, and financial interests. For business owners and organizations, this often includes considering how assets may be transferred, how operations will continue, and how financial obligations will be managed over time.
At PDC Accounting, estate and succession planning support focuses on the financial and organizational aspects of these decisions. We work alongside clients to help ensure financial structures and information are clear and aligned with long-term objectives, while recognizing that legal and estate matters require coordination with appropriate professionals.
Succession and transition planning considerations vary by business type and industry. Common areas of focus include:
Estate and succession planning services at PDC Accounting are tailored to each client’s business structure, financial situation, and long-term objectives. Our work typically involves reviewing financial and organizational information, discussing transition goals, and evaluating financial considerations related to ownership changes or succession planning. We work collaboratively with clients to help align financial structures with future plans and coordinate with tax planning and advisory services. Ongoing communication allows planning to adapt as circumstances evolve and decisions are refined.
Our approach emphasizes coordination, clarity, and long-term perspective. Estate and succession planning is not treated as a one-time exercise, but as an evolving discussion that aligns with changes in business operations, ownership goals, and financial circumstances.
By integrating estate and succession planning with accounting, tax planning, and consulting services, we help clients maintain a clear financial picture throughout the planning process.
Estate and succession planning is most effective when supported by accurate financial records and coordinated tax planning. Many clients engage PDC Accounting for bookkeeping, tax services, and advisory support alongside succession planning to ensure consistency across financial and operational decisions.
Service availability may vary based on engagement requirements.
Does PDC Accounting provide legal estate planning services?
No. Estate and succession planning services focus on financial and organizational considerations. Legal estate matters should be addressed with qualified legal professionals.
When should business owners start succession planning?
Succession planning is often most effective when started early, allowing time to evaluate options and adapt plans as circumstances change.
Do you work with agricultural or family-owned businesses on succession planning?
Yes. We work with agricultural and family-owned businesses to support intergenerational farm transfers, estate freeze strategies, family farm corporation setup, and tax-efficient ownership transition.
What is the lifetime capital gains exemption for farm property?
The enhanced lifetime capital gains exemption for qualified farm property allows eligible farm owners to shelter up to $1.25 million in capital gains from tax when disposing of qualifying farm assets. Eligibility depends on specific criteria that should be evaluated as part of a planning discussion.
How does succession planning connect to tax planning?
Succession planning often involves significant tax considerations, including capital gains exposure, estate freeze timing, and ownership transfer structures. These are addressed through coordinated tax planning and advisory services.
Can succession planning be updated over time?
Yes. Succession planning is an ongoing process and can be revisited as business goals or circumstances evolve.
If you would like to discuss estate or succession planning and how it fits within your broader accounting and advisory needs, we’d welcome the opportunity to connect.
