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Jet, age 44, died suddenly in an accident. He leaves behind his spouse. Reggie and their three teenage daughters, Ryan, Ryland, and Rebecca. Jet did
Jet, age 44, died suddenly in an accident. He leaves behind his spouse. Reggie and their three teenage daughters, Ryan, Ryland, and Rebecca. Jet did not have a will and leaves behind the following assets:
House $1, 094,436( Joint relationship with Reggie)
TFSA $55,932 (Beneficiary: None )
Life Insurance $321,218 ( Beneficiary: Estate)
RRSP $326,629 ( Beneficiary: Reggie )
Assuming that Jet and Reggie live in Ontario. How much will each of his daughters inherit from his estate?
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