Search found 3 matches

by barbarag
Tue Mar 12, 2013 9:39 pm
Forum: Canada / United States Tax & Accounting
Topic: estate tax issues
Replies: 8
Views: 6168

estate tax issues

Thanks! Last question: is the 5 million exemption affected by the recent plans in the US to increase the estate tax? I thought the exemption had been reduced in 2013 to 1 million $.
bg
by barbarag
Sun Mar 10, 2013 9:07 pm
Forum: Canada / United States Tax & Accounting
Topic: estate tax issues
Replies: 8
Views: 6168

estate tax issues

My mother is deceased, and elderly father has investment assets in the US and Canada. He (and myself) are both dual US-Canadian citizens living in Canada for many years, and I have been named executor of his will. My questions are as follows: 1. Upon his death, are assets on both sides of the border...
by barbarag
Sun Jan 23, 2011 1:45 pm
Forum: Canada / United States Tax & Accounting
Topic: Setting up a trust for grandchildren
Replies: 4
Views: 3863

Setting up a trust for grandchildren

I am an dual US-Canadian citizen living in Canada. I have assets in the US which I would like to go to my grandchildren when I die. What is the best method for reducing US and Canadian estate taxes on these assets after I die, and at the same time ensure that my grandchildren receive the money when ...