Cross-border estate planning can be very confusing. Today, we try to clarify some of the uncertainty of receiving an inheritance from a Canadian here in the States. We will discuss:
– Taxation of the inheritance in Canada
– Taxation here in the States
– Different inheritance rules between the U.S. and Canada
– Reporting the Inheritance here in the U.S.
– Planning techniques for a cross-border inheritance
Watch the video here:
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