Search found 2 matches
- Thu Jan 30, 2014 2:19 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US citizen/Canadian resident inheriting from US
- Replies: 2
- Views: 1880
My grandfather had set up several trusts that my aunt, my sisters, and myself are in the process of dissolving. There's also my father's house, which one of the trusts now owns, that we are in the process of selling. We have a US accountant taking care of the US side of things. I've been told that a...
- Thu Jan 30, 2014 1:38 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US citizen/Canadian resident inheriting from US
- Replies: 2
- Views: 1880
US citizen/Canadian resident inheriting from US
I am a US citizen and a permanent resident of Canada. I am 35 years old. My father (lived in US) recently passed away and I will be inheriting about $300k (before US taxes) in a few months. US taxes will be withdrawn from this sum before it is dispersed (I am 1 of 4 beneficiaries), but I was wonderi...