LifeBook™

Preparing you for life's twists and turns

Planning for your estate can seem like a far-off concept or a daunting project to tackle on another day. But without a plan, how will your life’s work be honoured?

The LifeBook™ program is designed to guide you through the process of planning your legacy. The comprehensive approach factors in all aspects of your current financial, legal and business considerations while helping you create a pain-free estate plan that incorporates your family and personal objectives. After completing the process, you’ll have one resource that encapsulates your entire plan, giving you peace of mind and confidence about anything that comes around the corner.

Society of Trust and Estate Practitioners (STEP)

MNP is proud to be certified as a Gold Employer Partner with the Society of Trust and Estate Practitioners (STEP). STEP is the global professional association for practitioners who specialize in family inheritance and succession planning. Learn more about this accreditation

STEP canada logo

Build your legacy

Estate planning can be an emotional experience. Our advisors work with you the create a personalized plan that respects your life’s work and your wishes for your family.

  • Tax planning

    A proper tax plan can reduce the amount of tax you will pay in your lifetime and will ensure any transfers are fair and/or equitable with after-tax dollars. Our team analyzes your situation and develops a plan to ensure you’re set up in a tax-efficient manner. 

  • asset risk icon  Asset risk assessment

    Different assets carry different amounts of risk in estate situations. For example out-of-province or country assets can have unique implications. We help you understand the risks of your assets and guide you through a strategy to mitigate any challenges.

  • asset distribution icon  Asset distribution strategy

    The question of who gets what is at the core of many estate disputes. Developing and communicating a thorough asset strategy, including assets you may not have considered, maintains family harmony and reduces conflict.

  • will review icon  Will review

    Wills are dynamic documents that need to change as your situation evolves. Few people have wills that stay up to date or capture everything they should. Our team evaluates your will to ensure that you’re always prepared.

  • generational education icon  Generational education

    A legacy that lasts generations happens through determination and education. To be responsible stewards, the next generation needs to be prepared and informed. Also, it is important to arrange supports in cases where the next generation is not able to manage assets on their own. Our team can help facilitate generational education and we tailor those conversations to your wishes.

Insights

  • Progress

    December 05, 2022

    How do you bridge the gap between family and employees?

    In family-run businesses, it can be tricky to keep family and business separate. But treating all employees fairly is imperative to a healthy organizational culture.

  • Performance

    November 28, 2022

    Managing your farm’s living and dynamic budget

    Consider your farm’s budget as more than just a limit on your spending. When done properly, budgeting on your farm can be liberating, not limiting.

  • Confidence

    November 28, 2022

    What you need to know about the CRA’s self-assessment tax audit process

    How do you prepare when the CRA requests an audit of specific expenses or deductions you’ve made?

Let's connect

What kind of legacy do you expect to leave behind? Contact a member of our team to discuss your estate plan and the immediate steps you can take to clarify your wishes and make sure your loved ones will be taken care of for many years to come.

For an even more comprehensive plan that will serve you today and for generations to come, be sure to ask about the Succession, Personal Tax, and / or Family Office services MNP also offers.

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Our LifeBook™ team

Michelle D. Coleman CPA, CA, TEP, CEA

Lifebook Champion

Michelle is a member of MNP’s Tax Services team in Edmonton specializing in Trust and Estate Planning. Michelle delivers advanced tax advice and solutions to individuals, trusts, business owners and corporations at all stages of corporate growth, from start-up to succession planning, helping them realize their goals.

Michelle provides her clients with the information and tools they need to make the best decisions possible, both for today and for the long term.

Michelle’s services include trust, estate and post-mortem planning, succession planning, tax planning for retirement, corporate reorganizations, and providing support in CRA audits, reviews and appeals, including submissions under the Voluntary Disclosure Program. She prepares and reviews personal, corporate, and trust income tax returns, and helps executors navigate their responsibilities in administering an estate.

Michelle is a Chartered Professional Accountant (CPA), qualifying as a Chartered Accountant (CA) in 2013. She completed CPA Canada’s In-Depth Tax Course in 2017 and received the Trust and Estate Practitioner (TEP) designation through the Society of Trust and Estate Practitioners in 2019 and Canadian Institute of Certified Executor Advisors (CEA) designation in 2020.
Michelle mentors students who are working through the Chartered Professional Accountants (CPA) program and preparing for the CPA Common Final Examination and STEP candidates preparing for module exams. She is a board member of Fringe Theatre Adventures, board member (deputy chair 2021) of the Society of Trust and Estate Practitioners (STEP) Edmonton and chair of the Member Services Committee of STEP Canada. Michelle was named STEP Edmonton Volunteer of the Year in 2019.