We live in US, have two children in Canada and US.
We have a house, 401k, Roth IRA, HSA, investments. All way below $11M limit.
What would be the best strategy for inheritance to eliminate or reduce taxes and probate fees?
Is the will really better than trust in this situation?
How to bump cost basis to reduce capital gain tax? How to deal with the house?
I could not find much on this forum or on the web.
Inheritance from US to Canada, reduce tax/probate
Moderator: Mark T Serbinski CA CPA