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Gift tax and Capital gain tax in Canada

The estate planning system may be simple or complex based on the government tax rules application during lifetime or after death. This guide will help testators and executors on getting more insight into expectations of Canada Revenue agency. Testator's responsibilities are to create simple, smart and the best estate plan so that executor will be able to follow up the distribution of estates and other related affairs. The same person may be representing as a Testator for his or her estate plan and and also, function as an executor for any family members, relative or friends who has died. Testator refers to the creator and owner of Islamic Will or Muslim Will and Grantor refers to the Trust owner.

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