Your client Justin has an RRSP, a TSA, a non-registered account, and a corporate investment account with you. He's heard some things about

estate freezes recently and wants your thoughts on them before he approaches his accountant. Of the list below, which of the following are true

with respect fo estate freezes?

1. Justin may have the opportunity to crystalize his capital gains exemption on his incorporated business.

I. Justin may have the opportunity to crystalize his capital gains exemption on his non-registered investments.

Ill. Justin may be affected by income attribution when creating his estate freeze.

IV. Justin can utilize an estate freeze to eliminate tax on accrued growth of his assets.

O a l and Ill.

O b I, II, III & IV.

O c. ll, and IV.

d l, IIl. and iV.