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Archive for December, 2011

Uncle Sam and You: Part 2

Monday, December 12th, 2011

Picking up from last week’s blog where I took a look at some things you should consider before traveling to the US this winter, let’s take a brief look at issues relating to US property ownership and US citizens living in Canada.

Owning US Real Property

Given the price of US real estate and our strong dollar, many Canadians are buying or thinking about buying a US vacation property.  If you own or are planning to purchase US real property, you should know whether your Canadian will and POA’s are considered valid in the jurisdiction where your property is (or will be) located.  If anything should happen to you, will your executor or attorney for property be able to deal with your US real property? (more…)

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Posted in Estate Planning, Foreign property, Foreign recreational property, US Issues, Wills in Foregin Jurisdiction | Comments Off

Uncle Sam and You

Monday, December 5th, 2011

In honour of the recent US holiday weekend, I thought I would focus on some estate planning topics south of the border for the next couple of blogs. Are you or someone you know:

  • travelling to the US,
  • buying or thinking of buying US real property,
  • living in Canada but are a US citizen.

For all of these situations, there are estate planning considerations of particular importance to ensure that your legal obligations are met. (more…)

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Posted in Estate Planning, Power of Attorney for Personal Care, Power of Attorney for Property, US Issues | Comments Off