We help clients navigate post-mortem tax complexities and reduce double taxation.
We help clients navigate post-mortem tax complexities and reduce double taxation.
When someone who owns shares of a private corporation dies, the same value can be taxed twice: once as a capital gain on the deemed disposition at death, and again as a dividend when the corporation distributes its assets to the estate or heirs. Without planning, the combined tax can be significantly higher than necessary.
Indus Canada CPA works with executors and families to reduce that double tax. Depending on the circumstances, this may involve a pipeline reorganization, a loss carry-back within the estate's first taxation year, or a bump of the tax cost of underlying assets. Many of these strategies depend on strict timing, so early advice matters.
We also prepare the terminal T1 and estate T3 returns, advise on spousal rollovers and graduated rate estate status, and coordinate with the estate lawyer.
Our team works alongside trusted legal and financial alliance partners to deliver coordinated tax strategy, compliance, and advocacy — so clients move forward with clarity and confidence.
It is tax planning done after death, usually by the executor, to reduce tax on the estate, especially double tax on private company shares.
Some strategies, such as the loss carry-back, must be completed within the estate's first taxation year, so waiting can remove options.
Yes. We coordinate with the estate lawyer and our alliance partners so tax filings and legal steps line up.
Have a Post-Mortem Planning matter? Book a free 30-minute call to talk it through with our team.
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