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Archive for the ‘Foreign recreational property’ Category

What Happens if I Own Foreign Real Property at my Death?

Friday, October 9th, 2009

If you own a vacation or investment property outside Canada, review with your lawyer how best to ensure that costs and complications to your estate are minimized.  Although many jurisdictions will recognize a Will drafted and signed in Canada, some will not.  Even if the Will is recognized, the legal system of another jurisdiction may differ from Canada’s and could result in an unexpected distribution.   (more…)

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