Buckley Dodds Parker LLP Accounting News & Publications

Featured in our latest issue:

  • PERSONAL TAX
  • EMPLOYMENT INCOME
  • BUSINESS/PROPERTY INCOME
  • OWNER-MANAGER REMUNERATION
  • MARRIAGE BREAKDOWN
  • ESTATE PLANNING
  • FARMING
  • DID YOU KNOW…

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Principal Residence, Investments and Trusts

When a taxpayer dies, a Probate Fee of 1.4% is imposed on the fair market value of an estate that exceeds $50,000. However, property included in a Trust is exempt from this fee!

Click here for details on this tax benefit or Contact us for more information.