Skip to main content
by learnformula
search
For Business
Team license & compliance management
For Higher Education
Academic partnerships
For Government Agencies
Government training solutions
For Instructors & Course Creators
Teach on our marketplace
Become a Sponsor
Reach professionals where they learn
Log inStart 7-Day Free TrialStart Free TrialStart Free Trial
search
  1. Courses
  2. /Tax
  3. /Tax Planning & Compliance *

Death & Taxes - a Survival Guide

Master the essentials of tax implications and estate management following an individual's death.

Created byAlex Garber
IntermediateUpdated Dec 11, 2024

What You'll Learn

  • check_circleIdentify key components of a will and the probate process.
  • check_circleExplain the tax implications of death, including deemed dispositions and spousal rollovers.
  • check_circlePrepare terminal and estate tax returns, addressing special provisions like rights or things.
  • check_circleManage capital losses and donations under CRA guidelines.
  • check_circleUnderstand the unique tax treatments of RRSPs and TFSAs after death.
  • check_circleNavigate CRA clearance certificate requirements to limit executor liabilities.

About This Course

It is often said that, in life, there are two absolute certainties: death and taxes. Ironically, the death of an individual triggers various tax implications even after death. In this course, we will take a detailed look at what happens for income tax purposes when a person passes away.

Topics include:

  • Wills, estates, executors, beneficiaries
  • Returns, deadlines, income allocation
  • Specific rules after death: Deemed Disposition – fair value versus cost, Principal Residence Exemption, Losses, Donations, Medical expenses, Death Benefits, Registered Plans
  • Practical considerations and examples

Course Content

1 activity • 1 videos • duration: 2h 58m

remove
Section 11 videos • 3 hours
  • videocamDeath & Taxes - a Survival Guide
    Duration 178:16

Your Instructor

Alex Garber

Educator and Tax Advisor

menu_book20 courses
star7,662 reviews

Alex Garber, CPA, CA, MTax has been working in public accounting since 2004, focusing primarily on income taxation for Canadian owner-managed businesses and their shareholders. Alex presents PD seminars for CPA Ontario and facilitates at the CPA Canada In-Depth Tax Program. Alex is also a faculty member at the Schulich School of Business, York University, where he teaches income taxation at both undergraduate and master's levels. Alex started his career with Deloitte and Touche LLP in Toronto. He is currently an independent tax advisor, assisting various clients, sole-practitioners and CPA firms in Ontario.

Credit Information

Professional development requirements vary by profession, country, and regulatory body. Before enrolling, review the course details and confirm that the content, learning format, and any listed credits meet your specific requirements. You are responsible for confirming eligibility with your regulator or professional association and keeping the records required for reporting.

What Students Are Saying

4.8 out of 5
Student's Choice
723 reviews
  • GQ
    Guanghua Q.
    starstarstarstarstar

    Very well said. Thank you.

  • WS
    Wendy S.
    starstarstarstarstar

    I learned a lot which will be helpful for my family.

  • JP
    John P.
    starstarstarstarstar

    Very well presented. The topics were also relevant.

  • GB
    Geoff B.
    starstarstarstarstar

    very imformative

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

You May Also Like

  • Ethics: Business Ethics

    2026 Ethics and Corporate Compliance

    starRated5.0out of 5,(544 reviews)
    2 CPD hrs
  • Accounting & Tax: Technology for Accountants

    Claude Fundamentals for Accountants (2026 Update)

    starRated5.0out of 5,(632 reviews)
    2.5 CPD hrs
  • Ethics: Ethics for Accountants

    4-Hour Ethics for Accountants 2026

    starRated5.0out of 5,(119 reviews)
    4 CPD hrs