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Brothers & Sisters in Preferred Class - 1962

Category:LEGISLATION
Sub-Category:SOCIAL - SUCCESSION DUTY AMENDMENTS
Resolution Number:100.50.2
Club:North Toronto
Year: 1962
Status:Resolved
Reaffirmed:
Comments:

BE IT RESOLVED THAT the North Toronto Business and Professional Women's Club ask the Ontario Organization of Business and Professional Women's Clubs of Ontario again to allow a true exemption of $50,000 on all estates and that this amount be deductible from the value of all estates before the calculation of duties and
BE IT FURTHER RESOLVED THAT Brothers and Sisters, now in the Collateral Class have an equally substantial claim to the same exemption accorded daughters-in-law and sons-in-law, now in the Preferred Class, as they are more apt to have contributed to building up one another's estates.

 

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Article ID: 4071

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