https://dytucofinancialservices.com/wp-content/uploads/2017/09/iStock_000006245623Small.jpg 565 849 Dytuco Financial https://dytucofinancialservices.com/wp-content/uploads/2016/10/Header-image-Medy-Different-Perspective-smaller.jpg Dytuco Financial2017-09-01 15:59:012017-01-05 22:20:51There is Nothing so Certain as Death and Taxes
There is Nothing so Certain as Death and Taxes
Or so the saying goes. This certainly is true in Canada where there is a “deemed disposition” when a taxpayer dies. What this means is that a taxpayer is deemed to dispose of all his or her assets at fair market value immediately preceding death.