Montreal, Quebec – April 1st 2015
On the April 1st episode of Dollars and Sense on CJAD 800 AM, David A. Altro, Florida Attorney, Canadian Legal Advisor and Quebec Notary, Managing Partner at Altro Levy LLP and Executive Vice-President at MCA Cross Border Advisors Inc. discussed several cross border topics.
The show highlighted cross border red flags for our listeners as found in both of David’s books: Owning US Property the Canadian Way, Third Edition and Americans Living in Canada – Smile, The IRS is Watching You. Specifically, David reviewed the concepts of Florida probate, guardianship procedures, adding children on title for real estate in the US, double taxation for Americans living in Canada, and estate planning considerations for Canadians moving to the US. During the show there were several caller questions and texts which asked about: limited partnerships for rental property, Canadians being the executor of a Florida will, the consequences of owning property in your name alone upon death, tax compliance for Americans living in Canada and more.
To listen to the whole show, simply click on the audio player below. The next show on Montreal’s CJAD 800 AM will be on Tuesday May 19 from 7:00pm to 8:00pm. To submit a question for our experts to answer on-air, please click here.