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Updated about 4 years ago on . Most recent reply

User Stats

25
Posts
10
Votes
Andrew White
  • Rental Property Investor
  • San Antonio, TX
10
Votes |
25
Posts

Any International Inheritance Tax Exports?

Andrew White
  • Rental Property Investor
  • San Antonio, TX
Posted

Hey folks,

My wife recently lost both of her parents and we are navigating the inheritance process.  The matter is further complicated by the fact that she is a US Permanent Resident, but Citizen of Canada, so it's an international transaction.  We've read up a bit on how inheritance tax is treated between the US and Canada and it looks like the estate will be taxed according to Canadian tax laws and we will not be tax on the money here.

But, it also looks like my wife is the direct beneficiary of some investment accounts that will not be going through probate.  Due to the complicated nature of this, does any body have any advice on how to handle the transactions?

Also, anybody on here provide international tax / inheritance services in the Seattle or Bellingham WA region?

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