CRA Tax Rule That Wipes Out Inheritances скачать в хорошем качестве

CRA Tax Rule That Wipes Out Inheritances

A family builds $7.9 million over a lifetime — and loses more than $5 million after one accident. In this episode of Advisors Table, we walk through a real-world estate scenario where death triggers a chain reaction of personal tax, corporate tax, probate, and double and triple taxation. The result: over 60% of the family’s wealth disappears — not because of bad investments, but because of missing planning. In This Episode, We Cover: What “deemed disposition” means when someone dies in Canada Why RRSPs, corporations, and holding companies trigger massive tax bills How probate fees are calculated Why estates often face a liquidity crisis How the Lifetime Capital Gains Exemption can reduced tax What double and triple taxation looks like in real life Why executors can be personally liable for unpaid taxes 00:00 – A $7.9M estate loses 60% overnight 01:30 – The death rule that triggers instant tax 03:00 – How the $1.9M tax bill is calculated 04:35 – The $669K mistake business owners miss 05:59 – Probate: the hidden tax nobody plans for 07:58 – When assets exist but cash doesn’t 10:07 – How $2M in tax turns into $5M lost If you’re a business owner, investor, or executor, this is a conversation you don’t want to postpone. Links: 🔗 CRA Taxes 80% When You Die:    • CRA Takes 80% When You Die   🔗 Download the Estate Planning Guide: https://theadvisorstable.com/what-hap... 🔗 Being an Executor Can Cost You Personally:    • Being an Executor Can Cost You Personally   💡 Coming Next: 🔗 Part 2 of this video: What Rob and Jenna Should Have Done (estate freezes, LCGE planning, succession strategies, spousal trusts, life insurance) 📞 Looking for Trusted Tax Advice? Connect with Sankalp (Sunny) Jaggi, at Cedar Consulting Group 📧 Email: sunny@cedargroup.ca 🌐 Website: https://www.cedargroup.ca/ 🔔 Subscribe for real-world tax and estate scenarios that show what happens without planning 👇 Comment below: do you have a plan for what happens to your corporation at death? LEGAL DISCLAIMER: This video is based on a real case, but names and some details have been changed to protect client confidentiality. This content is for educational purposes only and does not constitute legal or tax advice. Always consult with a qualified tax professional before making financial decisions.