David A. Altro is featured in the online article by Paul Delean titled From wills for Florida condos to working up north.
In the article, David offers his expertise on the following senario:
Q: “My wife and I own a condo in Florida and we are preparing our last will and testament. Is there wording we require in our Quebec will to ensure the condo goes to the other, without probate, when either of us dies? Will there be taxes owed then or when the condo is subsequently passed on to our children?”
A: Language won’t spare you from probate in Florida. All wills are subject to probate when there’s a transfer at death of Florida real estate held in the name of the deceased, says lawyer David Altro, who practises in Florida and Quebec. “The best way to avoid the probate expense and hassle is to have title to the property in a cross-border trust,” Altro said. “Upon death the property will be transferred to the person so designated in the trust without probate.”