In this video, Karen Slezak explains general estate planning strategies.
Most people name their children as their estate's executors; however, it may be difficult for them to administer the estate from abroad. And, if named the beneficiary, children living abroad can be subject to increasing estate tax due to their foreign residency status. In this video, Karen explains how you can minimize the complications and tax costs with the right type of planning.
In part two of our FAQ Video Series, our advisors provide the answers to frequently asked questions posed by businesses. Learn accounting best practices, financial tips and strategies that can help your business or organization. If after watching you have any questions, we encourage you to contact our team of professionals. Their contact information is provided at the end of each short video clip.
Crowe Soberman LLP is a full serviced chartered accounting firm in Toronto, Canada providing, audit, tax, advisory and risk consulting services to businesses.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.