Estate Administration | All About Estates

Is a U.S. Estate Tax Return Due?

Corina Weigl • January 12, 2011

So you’ve taken on the role of executor of your dear friend, Sally’s estate. It just so happened that Sally owned a vacation property in the United States. You’ve come across a couple of blogs in the last few weeks that suggest her estate may owe some taxes to the IRS. You have no idea whether this is true and what you may need to do. You decide to keep reading these blogs to see if they’ll help you…..

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Estate Administration, IRS, United States, US Taxes

Reviewing investment performance

Paul Fensom • January 7, 2011

The end of the calendar year is a good time for Trustees to review both the investment performance as well as investment objectives of the Trusts for which they are responsible…..

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Estate Administration, Investments, Trusts

Terminal Return Deadlines

Steven Frye • January 5, 2011 • 0 Comments

Normally, an individual’s personal tax return is due April 30 (or June 15 if the person or a cohabitating spouse has income from a business). Upon death, this does not change unless the date death is after October 31.

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Canada Revenue Agency, Estate Administration, Estate Planning, Executors

The Way We Were-The Obits

Audrey Miller • January 3, 2011

It may be unusual that the first section of the paper that I read, is the Sports section. Not to know how the Leafs did but rather to read the births and deaths…..

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Estate Administration, Estate Planning, Family Conflict, In the News

Are the Rules of Civil Procedure at times to rigidly applied?

Jasmine Sweatman • December 30, 2010

When the Rules of Civil Procedure require two affidavits why can’t the applicant for a certificate of appointment of estate trustee with a will submit one with all of the required information?….

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Estate Administration, Estate Administration and Probate Applications

Payment of Tax

Derek de Gannes • December 24, 2010

In many cases, the deemed disposition rules cause significant tax liabilities in the year of death. In this case, some relief is available in the sense that income taxes owing for the year of death may be paid in annual instalments (not exceeding ten) with non deductible interest charged at the prescribed rate from the day taxes should have been paid. ….

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Canada Revenue Agency, Estate Administration, Estate Planning