Total 42 Posts
If you have a “single-purpose” corporation for U.S. estate tax planning, this may be a good time to explore an alternative way of holding U.S. real estate…..
ALTERNATIVES TO ‘SINGLE-PURPOSE’ CORPORATION FOR U.S. ESTATE TAX PLANNING Continue Reading »
Canada Revenue Agency, Canadian and US Tax Treaty, Estate Planning, Investments, IRS, Property, Succession Planning, Trusts, United States, US TaxesSo you’ve taken on the role of executor of your dear friend, Sally’s estate. It just so happened that Sally owned a vacation property in the United States. You’ve come across a couple of blogs in the last few weeks that suggest her estate may owe some taxes to the IRS. You have no idea whether this is true and what you may need to do. You decide to keep reading these blogs to see if they’ll help you…..
Is a U.S. Estate Tax Return Due? Continue Reading »
Estate Administration, IRS, United States, US TaxesAs the thermometer continues to hover around the zero degree mark, many of us who live north of the 49th parallel begin to think about heading south to take up residence in one of the many sunnier climes the United States has to offer…..
So You Want to Buy a U.S. Vacation Property… Continue Reading »
Canadian and US Tax Treaty, Estate Planning, Investments, IRS, Probate Tax, US TaxesIn my Blog of October 26, 2010, I described how the U.S. estate tax regime was in a state of flux. Without action by Congress before the end of 2010, U.S. estate taxes are set to revert back to the rates and exempt amount in effect in 2001…..
Uncle Sam Sends a Small Gift for the Upcoming Holiday Season… Continue Reading »
Canadian and US Tax Treaty, Estate Planning, United States, US TaxesFurther to my colleague Corina Weigl’s discussion of U.S. estate taxes, I thought readers might be interested in a U.S. constitutional litigation that has been launched in response to the U.S. estate tax burden borne by the survivor of a same-sex marriage…..
U.S. Estate Tax Burden Results in Challenge of US Federal Marriage Law Continue Reading »
Estate Planning, US TaxesSo 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 Taxes