The taxpayer died suddenly and without warning of a heart attack. Shares that the deceased held in a company which held a term life insurance policy on his life were valued for purposes of s. 70(5) excluding the proceeds of the life insurance policy because it was held to be inappropriate to equate the time "immediately before" death with the instant of death.
Topics and taglines
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
338701
Extra import data
{
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}
"field_legacy_header": "<strong><em>The Queen v. Mastronardi Estate</em></strong>, 77 DTC 5217, [1977] CTC 355 (FCA)",
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}