US EditionUnderstanding Cross-Border Inheritance Tax for Mississauga Residents
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Understanding Cross-Border Inheritance Tax for Mississauga Residents
Last summer, I was sipping coffee with a Mississauga client who’d just inherited a cozy little cabin in Michigan from her uncle. She was all smiles until she got a letter from the IRS about estate taxes she didn’t see coming. “Taxes? On top of grief?” she groaned. That’s when I realized how murky cross-border inheritance can get for folks in Mississauga. If you’ve got family, property, or investments across the border—say, in the US or elsewhere…
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