Unused capital losses
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Canada Revenue Agency, Estate Administration, Estate Planning, InvestmentsEstate Administration
Total 505 Posts
So you think you can Avoid ‘Uncle Sam’ part II…
So you are a Canadian citizen and resident, surely ‘Uncle Sam’ has no right to your Estate on your death. Unfortunately ‘Uncle Sam’s’ arm – his estate tax arm that is – can reach across the border to impose taxes on the Estate of a non-resident/non-citizen of the United States…..
So you think you can Avoid ‘Uncle Sam’ part II… Continue Reading »
Canadian and US Tax Treaty, Estate Administration, IRS, United States, US TaxesPerpetual Testamentary Charitable Trusts
When making charitable gifts by Will, many donors wish to ensure that their gift has a long-term meaningful impact that will enable charitable activities to be carried out long after their deaths…..
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Charitable Giving, Estate Administration, Estate Planning, Philanthropy/Charitable GivingSo you think you can avoid Uncle Sam…
So you reside in Canada but you’re a U.S. citizen, surely ‘Uncle Sam’ has no right to your Estate on your death. Unfortunately, regardless of whether a U.S. citizen resides in the United States, U.S. citizens are subject to U.S estate taxes when the pass away based on the value of their worldwide estate. A credit is available which does alleviate some of the tax burden by exempting a certain amount from the U.S. estate tax net…..
So you think you can avoid Uncle Sam… Continue Reading »
Estate Administration, IRS, U.S. Citizen, United States