Blog Posts

Canadians Owning U.S. Real Estate and the U.S. Estate Tax

Tuesday, October 18, 2011 by James Meadow
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Many Canadians are surprised to learn that their estates may be subject to the U.S. estate tax to the extent that they hold certain property situated or deemed to be situated within the United States. The most common examples of such property are U.S. real estate and securities issued by U.S. corporations.
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Should You Have Minor Children as Shareholders of Your Family Business?

Tuesday, September 27, 2011 by Brian Posthumus
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A question business owners often ask is whether minor children should be shareholders in the family business corporation. Usually, this is a tax motivated question, in that the higher income parents wish to access the lower marginal tax rate of their minor children.
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Will Planning

Thursday, September 22, 2011 by Keith Vincent
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The planning relies on two key facts: First, The Income Tax Act treats a trust as a separate taxpayer and second, the Income Tax Act allows for property to roll over to a spouse on death.
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