Estate Planning 101: Tax exemptions and your last will and testament
09 February 2021, Johnny Davis
The taxman will always come knocking during your lifetime, but he is not always as unreasonable as society implies. The... mighty Income Tax Act and all other tax related pieces of legislation do allow for certain exemptions, which all young individuals should take note of. Each exemption can justify a lengthy conversation but for purposes of this blog, I would like to shortly address some important exemptions to keep in mind.