Question
Jean recently retired at age 60. A passionate art collector for some 30 years, Jean now has an Impressive collection of Canadian paintings. His collection,
Jean recently retired at age 60. A passionate art collector for some 30 years, Jean now has an Impressive collection of Canadian paintings. His collection, wilch he acquired at a cost of $150,000. Is currently valued at $600,000. Anar hues over S450.000 in his RRSP. Me has been living alone in a rental condo since his divorce five years ago When he dies Jen wil leave his property to his only child Claudia, who is 33, marled and has two children Il he dues not make any provisions to cover the tar lability, how will Jeans tax return be affected for the year of his death?
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