Postgraduate tuition fees in Canada. If you want to study at postgraduate level, the tuition fees are generally higher, and again vary depending on your program. As is the case worldwide, executive MBA programs are generally the most expensive, averaging around CA$42,000 (~US$32,000).
The estate of the person who died usually pays Inheritance Tax. You may need to pay Inheritance Tax if the estate canât or doesnât pay it. You may need to pay Inheritance Tax on a gift the person gave you in the 7 years before they died.You may also need to pay it if your inheritance is put into a trust and the trust canât or doesnât pay.If the will says the Inheritance Tax should be paid out of the assets youâve inherited, the executor of the will or administrator of the estate will usually pay it.HM Revenue and Customs (.ou may need to pay Inheritance Tax on a gift the person gave you in the 7 years before they died. You may also need to pay it if your inheritance is put into a trust and the trust canât or doesnât pay.
I was wondering how much I should put aside to pay my inheritance tax. A. There seems to be a lot of confusion on how an estate is taxed when a person dies. There are no taxes imposed against a person who inherits money. In other words, you will not pay any taxes.There may, however, be estate taxes imposed against the estate, but only if it was a large estate. Currently, estates under $5 million do not pay any taxes.If your fatherâs estate was valued at more than $5 million, the estate would have to pay taxes, but any money you received would be tax free.here may, however, be estate taxes imposed against the estate, but only if it was a large estate. Currently, estates under $5 million do not pay any taxes. If your fatherâs estate was valued at more than $5 million, the estate would have to pay taxes, but any money you received would be tax free.