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Question 31 (1 point) Rene widower, has just passed away. His children, aged 25 and 30, are in good health. He has $50,000 IN RRSPs

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Question 31 (1 point) Rene widower, has just passed away. His children, aged 25 and 30, are in good health. He has $50,000 IN RRSPs and $20,000 in a TFSA. As he contributed to the QPP for 20 years, his estate would be entitled to the maximum death benefit from that plan. He also has $40,000 in life insurance coverage. Taking those assets and that coverage into account, and assuming a marginal tax rate of 35%, what would the total tax bill be? a) $17.500 Ob) $18,375 Od $25,375 Od) $39,375

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