Talk of The Villages Florida - View Single Post - Canadians-buying home in name of trust?
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Old 03-22-2011, 07:20 AM
mikesheila mikesheila is offline
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Default Canadians-buying home in name of trust?
we have just bought a lot in the villages and are getting a home built. however a lawyer in canada that specializes in US law is telling us that we need to set up a trust and buy the home through the trust in order to avoid estate taxes. In Canada if one spouse dies, it automatically passes to the other spouse. Not so in the states if you are not an american citizen. has anyone else heard that we should buy through a trust?