Key tool for lawyers, accountants, financial planners, executors, trustees and other professional advisors
Death of a Taxpayer offers a comprehensive review of the relevant income tax implications that occur at death. Fully updated to reflect the latest budgetary pronouncements, legislative changes, new case law, CRA administrative positions, this exclusive edition provides guidance to help minimize the tax burden on the estate of the deceased taxpayer.Designed as an all-in-one resource for tax professionals, it contains detailed information on the intricacies of estate planning and income tax compliance, with expert commentary you can trust to address even the most complex tax issues that can arise at death. It is a key tool for lawyers, accountants, financial planners, executors, trustees and other professional advisors.
Suzanne I.R. Hanson, BA, LLB, has been practicing in the area of tax and estate planning for more than 35 years, and is tax counsel with the law firm of Fogler, Rubinoff LLP. She has written numerous articles on taxation matters for theCanadian Tax Journal, the Canadian Tax Foundation Conference Proceedings and Tax Management International Journal. She has also lectured extensively at professional conferences and courses, including those sponsored by the Canadian Tax Foundation and by CCH Canadian Limited. Ms. Hanson is a past Governor and member of the Executive Committee of the Canadian Tax Foundation.
Shaun M. Doody practices law as a member of the Tax and Estates Department of Fogler, Rubinoff LLP. Shaun’s practice focuses on corporate and personal tax and estate planning for owner/mangers, entrepreneurs, trusts and high-net-worth individuals and addresses a broad range of services including estate freezes, voluntary disclosures, succession planning, wills, trusts, and butterfly reorganizations. He is a regular contributor to the Fogler, Rubinoff LLP tax newsletter Dollars and Sense and produces an annual webcast for CCH Canadian Limited dealing with estate planning and taxation on death.
Pam Prior, CPA, CA, TEP is a Partner with KPMG in Vancouver, B.C. and has been a tax practitioner for over 25 years. She focuses on advising privately held businesses and their shareholders on a wide variety of issues including corporate, personal, trust and estate planning and compliance. She also assists charities with their tax issues including structuring tax-efficient donations. She has written articles, papers and lectured for various organizations including the Canadian Tax Foundation, the Chartered Professional Accountants of Canada and B.C., and the Society of Trust and Estate Practitioners. She is a member of the STEP Inside Editorial Committee and a past President of the Fraser Valley Estate Planning Council.
Chapter 1: Introduction
Chapter 2: Computation of Income and Taxes Payable
Chapter 3: Taxation of Property Held at Death
Chapter 4: Executors, Administrators and Trusts
Chapter 5: Spouses, Common-Law Partners and Qualifying Trust
Chapter 6: Some Income Tax Aspects of the Ontario Family Law Act
Chapter 7: The Taxation of Partnerships
Chapter 8: Farmers and Farm Property