In Dreger et al v the Queen (2020 TCC25), the beneficiaries of an estate bequest appealed assessments for unpaid taxes by the deceased. In this case, the deceased was an annuitant of a life income fund (“LIF”) and prior to his death, he designated to each of his daughters as…
Tag: bequest
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Regular readers of the All About Estates blog may recall that each spring I write on legacy and how we honour the dead. This usually involves a trip to a cemetery. My cemetery visit this year was thwarted by a seagull attack – see my Hitchcockian video – so instead…
University’s Decision on Spending $4 Million Bequest from Frugal Donor is Controversial, Fully Permissible
By Michael Rosen •
November 2, 2016
University of New Hampshire library cataloger and alumnus Robert Morin died in 2015 at the age of 77. Morin, known for his thrifty lifestyle, spent little on food or clothes, and drove a 1992 Plymouth until his death. His will bequeathed a $4 million fortune to his employer, with the…