Estimates predict that the transfer of wealth from baby boomers to the next generations will be in the range of $1 trillion to $2 trillion in Canada within the next 10 to 20 years. Photo by Getty Images/iStockphoto

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There are numerous estimates predicting that the transfer of wealth from baby boomers to the next generations — mainly millennials or gen-Xers — will be in the range of $1 trillion to $2 trillion in Canada within the next 10 to 20 years. The taxman, of course, is poised to take a significant bite of that wealth.

Given this looming transfer, the estate planning business has been thriving. Estate

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