Quote:
Originally Posted by calgarygeologist
It may be wise, although highly unpopular, for the government to consider some sort of estate tax as the boomers start to die off.
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A lot of the assets they have today are taxable when they move to the next generation though. So while there is no estate tax, things like RRSPs, houses and other significant assets are all taxed anyway. There are some ways to minimize this impact, but overall the governments aren't exactly dreading this transfer.