Probate in US or Canada?
Moderator: Mark T Serbinski CA CPA
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- Posts: 1
- Joined: Fri Jan 20, 2017 2:43 pm
Probate in US or Canada?
My mother was a dual US/Canadian citizen who lived in Ontario. She moved to Connecticut in May to live with family. Her Canadian home was sold in August. She had Canadian assets of about $1 million -- including tax free savings accounts, registered and non-registered and bank accounts -- and passed away in November in Connecticut. Is it appropriate to probate in Connecticut or must that be done in Canada? What is the best approach to avoid unnecessary taxes?