Succession Planning for your Canadian Vacation Property

August 24, 2023 |Charles W. Cullen III
Vacation properties are often a source of great personal enjoyment and family memories. To keep the property within the family, there are various tax implications and strategies to be aware of that can be used in passing ownership onto the next generation...
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When Should You Review Your Will or Estate Plan?

August 03, 2023 |Charles W. Cullen III
Most legal professionals recommend reviewing your estate plan every three to five years or any time you experience a major life event. For more information, please reach out. Click here
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Optional Returns for a Deceased Individual

December 08, 2022 |Charles W. Cullen III
When someone passes, you may be able to reduce or eliminate tax by filing one or more optional returns in addition to the terminal return. This article outlines strategies, which may or may not be applicable to your circumstances. For more information...
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Canadian Owners Renting or Selling U.S. Real Estate

July 26, 2022 |Charles W. Cullen III
Many Canadians own and rent U.S. real estate to escape cold Canadian winters. However, they should be made aware of the U.S. tax issues they will face while renting, while selling, and upon death. For more information, please reach out. Click Here
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U.S. Estate Tax for Canadians

July 18, 2022 |John Donaldson
Many Canadians are unaware that owning U.S. property such as a U.S. listed equities or a condo in Florida may subject them to U.S. estate tax upon their death. This article focuses on different situations that will result in a U.S. tax return on death...
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Wealth Planning Strategies During a Market Downturn

June 17, 2022 |Charles W. Cullen III
During periods of market stress it is very common to focus on potential changes to the portfolio. However, there are many tax, estate and financial planning opportunities to explore. In fact, certain strategies can be even more effective during a market...
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Testamentary Trusts

June 03, 2022 |Charles W. Cullen III
It's common to distribute your assets on death outright to your loved ones. However, there are alternatives that may make sense depending on your situation. This article provides an overview of testamentary trusts and why you may want to consider adding...
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Alter Ego and Joint Partner Trusts for U.S. Persons

May 26, 2022 |Charles W. Cullen III
Last week we took a look at Alter Ego and Joint Partner Trusts. Now, we examine situations where a U.S. person who is a Canadian resident is involved. For more information, please reach out. Click Here
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Alter Ego and Joint Partner Trusts

May 20, 2022 |Charles W. Cullen III
The use of trusts are still a key part of many estate plans. This article provides you with the benefits and drawbacks of Alter Ego and Joint Partner Trusts. For information on estate planning, please reach out. Click Here
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Henson Trust

April 04, 2022 |Charles W. Cullen III
This is important. We can help disabled loved ones after we pass away. Let me know if you have any questions. Click Here
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