Estimated reading time: 25 seconds
We pay a lot of taxes.
Canadians have grown accustomed to paying a widening burden of income taxes on what we make, consumption taxes on what we spend, and municipal taxes on where we work and live.
Most Canadians with assets in the U.S. don't realize they may have an additional, possibly huge tax liability south of the border, despite having lived and worked here their entire lives,
Their estates may be subject to a 40% estate tax payable to the American government plus additional state and estate taxes.
If you have an investment portfolio with U.S. assets, a home or vacation property in the U.S., or a business interest there, you need to know about your tax liabilities there, and do something about it now.
We have a strategic alliance with Howard Sharfman and Global Planning Group in Chicago to meet the unique needs of our high net worth clients who often have U.S. and international requirements. Howard’s work with clients from about 100 countries produced in excess of U.S. $1 billion of insurance premiums in the last quarter of 2014 alone.
My recent article in The TaxLetter® explains how Canadians with U.S. assets can reduce their stateside tax bills and why to consider offshore life insurance products for higher limits and competitive pricing. Read "Nexus" HERE
Our advisors are available across Canada to answer any of your questions and help preserve what you have worked so hard for.
Please be in touch if we can help you.
Call me toll-free at 1-866-566-2001 or send an email to info@WEALTHinsurance.com
We look forward to helping you and family.