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Group Assignment Case Analysis of 2 Scenarios ~ Due in class in Week 12 ~ The following has 2 Scenarios: 1) In Scenario One Thomas

Group Assignment Case Analysis of 2 Scenarios ~ Due in class in Week 12 ~ The following has 2 Scenarios: 1) In Scenario One Thomas and Sari are killed 2) In Scenario Two Thomas and Sari are still living and looking for detailed estate planning 3) Each scenario requires analysis and recommendations (focusing on the question). You need to make 2 sets of responses/recommendations (one as to how the estate will be treated at time of their death and another as they plan to potentially utilize an estate freeze (still alive)) In Scenario One Thomas and Sari are killed Background Thomas, age 58, immigrated to Canada from Greece in his 20s. Over the years, he built a small chain of budget-rate hotels in the GTA and has become wealthy beyond his dreams. His private corporation, Apollo Inc., owns the hotels and, in some cases, the land on which the hotels are built. Two years ago Apollo purchased a $5,000,000 Aetna term insurance policy on Thomas's life. Apollo is both the owner and beneficiary of this policy.

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