CRA will issue a clearance certificate for a partial estate distribution

CRA will issue clearance certificates to an executor of an estate for partial distribution of the estate assets. This may be useful or necessary where a graduated rate estate wishes to make a gift to a qualified donee within what may be a 36-month deadline following the death of the testator.

Neal Armstrong. Summary of 3 May 2016 CALU Roundtable, Q. 5, 2016-0632641C6 under s. 159(2).