Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This seminar provides a detailed technical review of the numerous issues faced when preparing terminal or year-of-death filings, including the three (3) elective returns (sole proprietor/partnership stub period income; rights and things; and income of a beneficiary from a testamentary trust.
The last tax return(s) for a deceased individual carry(ies) significant implications for the executor and the inheritors under the will. To alleviate potential misunderstandings, this seminar provides a detailed technical review of the numerous issues (and consequences associated with various types of property and property ownership interests of a decedent taxpayer) faced when preparing terminal or year-of-death filings.
Specifically, the seminar emphasizes the preparation of the possible returns and related planning for separate terminal return filings. You will receive a review of relevant tax issues, engagement management, updated sources of tax research, and an overview of CRA assessing practices. To infuse the seminar with practical relevance, you will prepare and discuss real-life case studies pertaining to terminal return filings.
Additionally, recent legislative amendments and proposed legislative amendments (e.g., CG inclusion rate(s); LCGE amount; GAAR; s. 164(6) post-mortem capital loss carryback planning; s. 84.1 and inter-generational business succession) impacting terminal filings will be reviewed.
Topics Include:
- Engagement management
- Tax filings upon death
- Identification and understanding of detailed compliance issues
- Compliance related to RRSPs and deferred income plan rules
- General compliance relating to terminal filings
- Identification of GST/HST matters
- Clearance certificates
NOTE: This course description has been revised and reflects updates for 2025. If you have any questions, please contact pdevents@cpaontario.ca.
Schedule
- November 13, 2025, 8:30 a.m. - 12:30 p.m.
- November 14, 2025, 8:30 a.m. - 12:30 p.m.
Key Takeaways
By the end of this course, participants should be able to:
- Establish a plan for approaching terminal filing assignments.
- Identify and effectively utilize the different types of tax returns that may be filed for a deceased individual.
- Identify and address significant issues relating to year-of-death filings.
Who Will Benefit
While all professionals will benefit from this seminar, the seminar particularly targets practitioners who complete individual terminal tax filings and have an interest in understanding related planning strategies.
Prerequisite(s)
Prior to enrolling in this seminar, participants should possess knowledge of personal tax and ideally have experience in preparing T1 personal tax returns.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Milan Legris, LL.B., LL.M, TEP, is a tax and estate planning lawyer in Ancaster, ON. Milan restricts his work to consulting with other professional advisors for high-net worth individuals, senior executives and key employees, as well as owner-managers and their families. Milan was called to the Ontario bar in 1986 and is also an advisor and author of reference materials on taxation for the Law Society of Ontario’s (LSO) Professional Development and Competence Department. Milan was a lecturer and instructor for the LSO’s Bar Admission Course on taxation.