Estate Freeze Some options Mr. Bradley could consider include: Mr. Bradley owns 100% of the common shares of his CCPC small business, Bradley Inc. These common shares have an adjusted cost base and PUC both at $500,000. Option 1: Gift the business or proceeds to Alison. Mr. Bradley can sell the company and gift the net proceeds to Alison. One of Mr. Bradley's clients has mentioned recently that he's willing to purchase Bradley Inc. for $800,000. Mr. Bradley wishes to retire and is considering the offer but hasn't made the decision yet. He's open to either leave his company to his only daughter, Alison, or to sell the company and leave the net proceeds to Alison. Mr. Bradley can also gift the common shares to Alison and let Alison operates the business thereafter. Assume Mr. Bradley is widowed; and other than Bradley Inc., he doesn't have other assets except bank savings that can support his comfortable life style throughout his post-retirement. Briefly explain: Mr. Bradley's options in passing Bradley Inc. or the proceeds to Alison, the tax consequences, pros and cons of each option. Option 2: Instalment Sales Mr. Bradley can sell the company to Alison and Alison pays him by instalment if allowed. Option 3: Establishing a Trust Mr. Bradley can setup a trust with Alison as the beneficiary. Option 4: Section 86 Share Exchange Under ITA 86