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.
If your estate will still have to pay estate taxes after you transfer your insurance to a trust, you can reduce your estate tax costs -- by having the trust buy additional life insurance. Here are three very good reasons to do this: If the trust buys the insurance, it will not be included in your estate. So the proceeds, which are not subject to probate or income taxes, will also be free from estate taxes. Insurance proceeds are available right after you die. So your assets will not have to be liquidated to pay estate taxes.