In some states, real property is conveyed directly to the beneficiary or co-owner at the time of death and would not be included in the inventory of the estate.
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Your firm buys plumbing products in Asia and sells them in Canada at a substantial discount to plumbing products manufactured in Canada. However, the strengthening economies in Asia have increased Asian demand for their own plumbing products, pushing up local prices and damaging your ability to undercut your Canadian competitors. The following was an example of a short run exchange rate risk.