Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Dear Sirs:
Re: Gift by Will
We are replying to your letter of July 19, 1991 concerning a gift by will and Revenue Canada's administrative position with respect to the allocation of charitable gifts between spouses.
You ask whether the Department's administrative policy will allow a surviving spouse to claim a tax credit in the year of death in respect of a gift which was bequeathed by the testator's will.
The Department's policy as outlined in paragraph 3 of IT-297R2 is based on the assumption that the property gifted is held jointly by the spouses, other than as partners in a partnership. Provided this is so, the allocation of the gift between the spouses is discretionary and the surviving spouse would be able to claim such portion of the donations allocated to her but not previously claimed.
However, we question whether the testator would be able to donate a property by will if the testator did not own 100% of the property in question.
If you are concerned about a specific situation, you may refer the matter with any relevant documentation to the District Taxation Office for their consideration. We caution you that the above noted comments represent our considered opinion and are not binding on the Department.
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© Her Majesty the Queen in Right of Canada, 1991
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© Sa Majesté la Reine du Chef du Canada, 1991
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