Should you incorporate your business, or stick with a sole proprietorship? In this episode, Tré and Sierra unpack what a corporation really is, how it works, and why it’s one of the most powerful wealth-building tools available to Canadians. Tré explains the real advantages—legal protection, tax efficiency, and control over income timing—while also calling out the pitfalls that sink small business owners who treat their corporations like personal piggy banks. Whether you’re a freelancer, prof...
All content for Plain English Finance is the property of Tré Bynoe CFP®, CIM® and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Should you incorporate your business, or stick with a sole proprietorship? In this episode, Tré and Sierra unpack what a corporation really is, how it works, and why it’s one of the most powerful wealth-building tools available to Canadians. Tré explains the real advantages—legal protection, tax efficiency, and control over income timing—while also calling out the pitfalls that sink small business owners who treat their corporations like personal piggy banks. Whether you’re a freelancer, prof...
Ep. 19 | How to Leave Money to Your Kids Without Screwing Them Up
Plain English Finance
29 minutes
1 month ago
Ep. 19 | How to Leave Money to Your Kids Without Screwing Them Up
Most wills don’t plan for reality. They ignore messy family dynamics, future kids, or the financial chaos that hits when parents die unexpectedly. In this episode, Tré Bynoe, CFP, CIM, shares how he and his wife structured their own estate plan — trusts, wills, tax strategy, and all — with ruthless clarity and long-term thinking. This is what real estate planning looks like when you understand the stakes and want your family protected without enabling financial disaster. You’ll learn: Why mos...
Plain English Finance
Should you incorporate your business, or stick with a sole proprietorship? In this episode, Tré and Sierra unpack what a corporation really is, how it works, and why it’s one of the most powerful wealth-building tools available to Canadians. Tré explains the real advantages—legal protection, tax efficiency, and control over income timing—while also calling out the pitfalls that sink small business owners who treat their corporations like personal piggy banks. Whether you’re a freelancer, prof...
