Canada home in a Florida Trust

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butlertl
Posts: 20
Joined: Sun Feb 12, 2006 9:01 pm

Canada home in a Florida Trust

Post by butlertl »

Can I include a home in Ontario in my Florida Trust and what are the tax implications? Upon our passing the Canadian home in the trust would go to my wife's two son who are Canadian citizens.
T Butler
JGCA
Posts: 754
Joined: Thu Nov 18, 2010 3:05 pm
Location: Montreal, QC Canada

Post by JGCA »

Why would you want a CND home in A foreign trust? Just set up a CND trust if you want this type of vehicle the CND residential trust will hold the property and for estate purposes will qualify as a trust without any withholding tax issues.
JG
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