Tonya and Philip are married, Philip has designated Tonya as his power of attorney for personal care. Both Tonya and Philip are in great health, both mentally and physically. Tonya and Philip own a non-registered investment portfolio as joint tenants. Currently, the portfolio has an adjusted cost base of $120,000 and a fair market value of $240,000. Based on this information, which of the following statements is correct?

A. If Philip dies, he would have a $30,000 taxable capital gain on his final tax return

B. In this structure, Tonya is known as the grantor

c. At this time, Tonya can make decisions regarding Philip's medical care, but not his share of the investment portfolio

d. If Tonya becomes mentally incapacitated, the power of attorney is terminated

Tonya and Philip are married, Philip has designated Tonya as his power of attorney for personal care. Both Tonya and Philip are in great health, both mentally and physically. Tonya and Philip own a non-registered investment portfolio as joint tenants. Currently, the portfolio has an adjusted cost base of \\( \\$ 120,000 \\) and a fair market value of \\( \\$ 240,000 \\). Based on this information, which of the following statements is correct? Show answer choices 1 If Philip dies, he would have a \\( \\$ 30,000 \\) taxable capital gain on his final tax return In this structure, Tonya is known as the grantor (C) At this time, Tonya can make decisions regarding Philip's medical care, but not his share of the investment portfolio If Tonya becomes mentally incapacitated, the power of attorney is terminated