Course: Deceased Taxpayers and their Estates

 

This session will include a review of the taxation of deceased taxpayers and their estates.  A case study will be used to highlight the many different rules including the various tax returns that can be filed for a deceased taxpayer.

 

Topics to be covered will include:

  • Deemed dispositions
  • The impact of death on RRSP, RRIF and TFSA accounts
  • Filing requirements
  • Payment obligations
  • Post-mortem tax planning                        
  • Capital dividends and stop loss rules·                        
  • Testamentary and Spousal Trusts
  • Clearance certificates
  • Post-mortem planning ideas