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.
Because the surviving spouse does not own the property, it is not subject to estate tax. Setting up an AB trust this way keeps the portion of the surviving spouse's estate that is taxable half of what it would be without an AB trust. Imagine a joint trust with $4,000,000 in assets. Husband dies leaving all of the trust property to Wife. Because transfers between spouses are not subject to estate tax, Wife will get the full $4,000,000, tax free.