ESTATE TAX & ADMINISTRATION FEE CALCULATOR
Planning for estate settlement is an important part of financial and legacy planning, since probate fees and estate administration taxes can reduce the value passed on to beneficiaries. This estate tax calculator allows you to estimate the potential impact of probate and estate costs in Canada by entering the value of your different asset types. Review different scenarios, including the transfer of joint assets, to better understand your estate tax liability.
Canada Estate Tax Calculator
Jurisdiction
Registered Investments
Registered investments are taxable as income on death unless transferred to a spouse/common-law partner (tax-deferred). TFSA is tax-free.Non-registered investments
Unrealized gains taxed with a 50% inclusion rate unless it is a joint account (tax-deferred).Principal residence
Capital gains on a principal residence are assumed exempt. Fair market value included for probate unless held jointly with right of survivorship.Other Capital Assets
E.g., cottage or rental property. Gains taxed with a 50% inclusion rate unless they transfer to a spouse/common-law partner (tax-deferred).Liabilities & probate
Notes
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Disclaimer: All information shown is illustrative and estimates only. This information is not intended to be comprehensive investment, tax, financial or legal advice and should not be considered as personal investment advice, an offer, or solicitation to buy and/or sell investment products. Every effort has been made to ensure accurate information has been provided, however accuracy cannot be guaranteed. Tax rules and other factors change frequently. Past investment performance does not guarantee future results. The manager accepts no responsibility for individual decisions arising from the use or reliance on the information contained herein. Please consult a portfolio manager prior to making any investment decisions.