Certified Financial Planner (CFP) Practice Exam · Question
Probate tax in Ontario known as:
EAT. The correct answer is "Estate Administration Tax". This reflects the accepted standard for the cfp assessment and aligns with the official handbook for thi
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Question: Probate tax in Ontario known as:
Answer options: ✅ Estate Administration Tax
- Inheritance Tax
- Gift Tax
- HST
Correct answer: Estate Administration Tax
Explanation: EAT. The correct answer is "Estate Administration Tax". This reflects the accepted standard for the cfp assessment and aligns with the official handbook for this competency.
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