Mary had a large investment portfolio consisting of equities that she has held for many years. The securities appreciated significantly in value over the years. When she first bought these equities they were worth only $80,000 and now the portfolio is worth about $300,000. She decided to register the securities in joint tenancy with her son in order to avoid probate fees. 

What is Mary's taxable capital gain as a result of this decision?   

Answer rating: 100% (QA)

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