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Tag: Multi-jurisdictional estate planning

2018 Update on the UN Convention on the Rights of Older Persons

December 10, 2018 marks the 70th anniversary of the Universal Declaration of Human Rights which was a milestone in 1948 for protecting human rights. Surprisingly, older persons are not yet expressly identified as a protected group under international human rights laws. In acknowledgment of the Declaration, the UN International Day

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Going Paperless: Electronic Wills

The increasing pace of technological change is our reality, and when it comes to estate planning, there is no exception. The traditional formalities for wills and powers of attorney are stricter than for most legal documents: for example in Ontario a will has to be in writing and signed at

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Navigating Multi-Jurisdictional Probate

In March of this year, I wrote about the complications which can arise in administering an estate of an individual who owns a vacation home in a U.S. state such as Florida or Arizona. In that blog, I discussed issues in estate administration which arise from the multi-jurisdictional location of

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Tax Reform Revealed: Will the U.S. Become the Best Next Tax Haven?

On April 26, 2017, with great fan-fare, the White House announced bold proposals for tax reform, the primary objective of which is to stimulate economic growth. These reforms could be a real game-changer if they succeed in creating new jobs, fuelling economic expansion, and making the U.S. more competitive –

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Multiple Taxation on Death: The Taxpayer’s Nightmare

With increasing globalization of people and their assets, a growing and often hidden threat is multiple taxation on death. Different countries tax in different ways on death, and when those laws collide, the same assets can be exposed to double and even triple tax or more. Some countries tax the

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Start the New Year off on the Right Foot

As of today, according to the Gregorian calendar, we are just over one month away from ringing in the New Year. If you are already contemplating your New Year’s resolution, we thought we would help out in this blog post by providing you with a shortlist of “thinking points” for

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For Better or For Worse… Especially If You Move

There are many things that we think about and plan for when we move–furniture, movers, schools, utilities… I could go on and on. There are even more things that we plan for when we move to another jurisdiction-language, taxes, visas, driving laws… and so it goes. But one thing you

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Don’t let cross-border properties turn into cross-border pains

Perhaps I should refrain from re-stating the obvious, but it bears repeating–we live in an increasingly global and mobile society, where people move from jurisdiction to jurisdiction with relative ease. And when we’re not picking up and moving residences, we’re travelling to foreign destinations and buying property, opening bank accounts

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