Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This seminar deals with preparing estate and testamentary T3 tax returns. This seminar reviews engagement management, relevant tax compliance matters in preparing these returns, sources of tax research, and CRA assessing practices. After reviewing these matters, the seminar presents three (3) practice case studies to illustrate the concepts in a practical manner to allow participants to apply their knowledge and skills to realistic filing situations commonly encountered in practice.
Topics include:
- Engagement management.
- Compliance issues related to the graduate rate estate (GRE) of the deceased, and compliance matters with respect to distributions from the estate and the establishment of post-distribution testamentary trusts.
- Identification of issues relating to LITs and other compliance matters including, clearance certificates, and executor/trustee compensation/fees.
- Estate accounting and Identification of GST/HST matters.
NOTE: This course description has been revised and reflects updates for 2026. If you have any questions, please contact pdevents@cpaontario.ca.
Key Takeaways
By the end of this course, participants should be able to:
- Establish a plan for estate and testamentary trust filing assignments,
- Identify and understand a deceased’s estate and the graduated rate estate (GRE),
- Identify and address compliance matters related to distributions from the estate, testamentary trusts, and understand various post-distribution trusts,
- Identify life-interest trusts (LITs) and the compliance matters that arise upon the death of a settlor or beneficiary thereof, and
- Appreciate and be able to engage in estate accounting, and identify GST/HST issues for a deceased registrant’s estate and testamentary trusts.
Who Will Benefit
- This seminar is designed for practitioners wishing to expand their tax skills for the preparation of estate and testamentary trust income tax returns.
- Professionals desiring information on preparing terminal tax returns should take RIP: Terminal Filing, and professionals wishing to expand their understanding of estate and trust planning, should take RIP: Estate Planning.
Prerequisite(s)
- Participants should possess knowledge of personal income tax and have some experience in preparing T3 trust tax returns.
How to Access the Course
This course is delivered as a live webinar. To receive verifiable CPD hours, you must attend the session live. We recommend joining at least 5 minutes before the scheduled start time. For the best interactive experience, please use a computer equipped with a camera and microphone.
A reminder email with the Zoom link and course details will be sent two business days before the session. If you do not receive it, please check your spam or junk folder.
The same information, including any available materials, will also be posted in advance on our Blackboard LMS.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Karen Wilkinson, FCPA, FCA is President of Karen Wilkinson Professional Corporation. She was previously a Tax Partner with Deloitte LLP with over 25 years of tax experience. Karen's practice is focused on assisting private companies and their owners in maximizing wealth and transitioning the business to the next generation. While at Deloitte LLP, Karen was the Chief Learning Officer for the Canadian tax practice for 9 years. She has been involved in the delivery of all aspects of the CPA Canada In-depth tax program and is a former lecturer for the CPA Canada Income Tax for the General Practitioner course. Karen graduated from the University of Waterloo with a Master of Accounting degree. Karen has been very involved in the community over the years currently serving as a member of the Board of the Kitchener Waterloo Symphony Association and the Treasurer at Orchestras Canada. Prior community involvement has included the Board of Governors at the University of Waterloo and United Way of Cambridge and North Dumfries.