[WSBAPT] Canadian PR taxed on US estate?

[Paul Grant]

It depends on whether or not you are utilizing a trust or a will - PR
signifies a will.  Nonetheless, I can answer specifically with a trust that
IRC 7701(a)(30)(E) is a problem for naming a non-resident (citizenship is
not the test) as a trustee.  If the non-citizen is a PR then I have not
researched that issue as it relates to CN (or any other state for that
matter).  If someone else has insight on this issue I would certainly
appreciate knowing as well.


Paul H. Grant - JD, LL.M

Planning with Purpose, Inc
Lynnwood, WA 98036
425-939-9948
www.planningwithpurposeinc.com

Estate Planning. Business Planning. Wealth Succession.

On Tue, Sep 22, 2015 at 2:59 PM, Tom Stuen <tomstuen at comcast.net> wrote:

> My client, US citizen & resident, wants to name her daughter, Canadian
> resident, as PR for client’s US estate.  Daughter’s accountant says that
> Canada taxes the PR on the estate.
>
> Does anyone know whether Canada imposes taxes or other restrictions in
> these circumstances?
>
>
>
> Thomas Stuen
>
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