Josie is single and she passed away with an estate as follows: A house valued at...
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Josie is single and she passed away with an estate as follows: A house valued at $583298 with an ACB of $350,000 Non-Registered Investments worth $256435 with an ACB of $125,000 Furniture and personal effects totalling $25870 A mortgage on her home of $158918 Credit cards with balances totalling $1908 An unsecured line of credit worth $4413 Assuming Josie died in Ontario, how much would Josie's estate pay in Estate Admin taxes? Josie is single and she passed away with an estate as follows: A house valued at $583298 with an ACB of $350,000 Non-Registered Investments worth $256435 with an ACB of $125,000 Furniture and personal effects totalling $25870 A mortgage on her home of $158918 Credit cards with balances totalling $1908 An unsecured line of credit worth $4413 Assuming Josie died in Ontario, how much would Josie's estate pay in Estate Admin taxes?
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the Estate Administration Tax for Josies estate we need to determine the total val... View the full answer
Related Book For
Personal Financial Planning
ISBN: 978-1111971632
13th edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
Posted Date:
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