tag:blogger.com,1999:blog-4402283548766807872.post8899163833582342137..comments2024-03-14T19:35:14.456-04:00Comments on The Blunt Bean Counter: The Two Certainties in Life: Death and Taxes - Impact on Your Personal Income Tax ReturnThe Blunt Bean Counterhttp://www.blogger.com/profile/11358868550072516313noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4402283548766807872.post-24653935551842365972015-01-27T11:41:21.030-05:002015-01-27T11:41:21.030-05:00Hi Jean Pierre:
That is a very interesting way to...Hi Jean Pierre:<br /><br />That is a very interesting way to avoid the deemed disposition, thanks for pointing it out. I will add a note in the blog to look at your comment.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-55545674051648006872015-01-27T09:45:58.827-05:002015-01-27T09:45:58.827-05:00One way to avoid the deemed disposition upon death...One way to avoid the deemed disposition upon death is through a Personal Pension Plan: a registered pension plan sponsored by the owner of the business. If adult children work for the business and received T4 income, they can become plan members. Any surplus accumulating in the PPP for the deceased parent is available to fund the retirement benefits of the survivors/plan members. No deemed disposition as with RRSPs/RRIFs and no estate tax (in Ontario for example). Keep it in the family!Anonymoushttps://www.blogger.com/profile/16851757857180794381noreply@blogger.com