Montreal, Quebec – March 29, 2012
On the March 29th episode of Dollars and Sense on CJAD 800 AM, host, Matt Altro and legal expert David A. Altro discuss buying property in the U.S. and how Altro & Associates helps Canadians with this process.
David explains the U.S. estate tax laws and the rules for who and what is exposed to this tax. Lisa calls in with a question about how to go about setting a Cross Border Trust and if it is better to set up a trust before or after you purchase property in the U.S. George asks David about worldwide income and if assets overseas count as part of this for tax purposes. John, an accountant from Montreal asks how to reduce tax for Americans living in Canada. Read the rest of this entry »