Serbinski Accounting Firms

Thank you! This is good info. I have a meeting with tax lawyers later this week, and this is excellent input to help with that meeting. If anything new is learned in that meeting, I will surely share it back here.

Thanks nelsona.

I also have investments worth ~$5M. I am planning to gift a chunk of this to my daughters for US estate planning purposes. Market situation aside, is there any difference for me from US/Canada tax perspective to liquidate these funds in 2015 vs 2016 prior/post departure?

Nelsona - this is highly helpful , and vaildates my multiple searches on this forum. Thank you!

What is the place to read this official law? I read the CRA emigrant guide but there is little discussion of property (primary residence) sale gain. If you know of another resource, pls do share.

I am emigrating from Canada (Toronto) to live with my kids in California. I live in Canada, am a Canadian passport holder, have been a resident here for over 10 years now. I have owned and lived in my primary residence - house in Toronto - for 12 years now.

I am hoping to get some feedback on ...