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WEEK #6: TAX CONSEQUENCES AT DEATH Josh, a friend of yours, has come to you with some sad news. His grandpa has passed away at

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WEEK \#6: TAX CONSEQUENCES AT DEATH Josh, a friend of yours, has come to you with some sad news. His grandpa has passed away at the age of 85 . His grandma is still alive and very confused about the tax implications of her husband's passing. She knows that he had a RRIF, pension, various non-registered investment accounts and a 60% controlling interest in the family business. She is still trying to figure out who the beneficiary is of each asset. Discuss the following: 1. What are the tax consequences of Josh's grandpa's assets as a result of his grandpa's passing? 2. What tax planning could the family have put in place to help reduce the tax liability on death

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