Pragmatic wealth management for families and individuals

Cross Border Families & Estates

It is now very common for families to extend across borders. Along with parents and children living in another country, many Canadian residents have US citizenship and the tax complexity complicates all of the planning that they do.

Indeed, in our view, if any member of a Canadian family lives in the US and/or has US tax reporting obligations, then all of their financial, tax and estate planning must pivot off of that person’s tax situation. Otherwise, additional risk is taken and mistakes are likely to be made.

In addition, we support families that are beneficiaries of a cross-border trust or estate. There are situations, such as out-of-country executors, foreign beneficiary trusts and Inherited IRAs where we can be of specific assistance.

We maintain a strong network of experienced and properly credentialed estate and tax specialists to round out our capabilities in supporting families with highly complex financial affairs.

The most widely recognized financial planning designation in Canada and worldwide, the Certified Financial Planner® designation provides assurance to Canadians that the design of their financial future rests with a professional who will put their clients’ interests ahead of their own. CFP certification is considered the standard for the financial planning profession worldwide. CFP professionals have demonstrated the knowledge, skills, experience and ethics to examine their clients’ entire financial picture, at the highest level of complexity required of the profession, and work with their clients to build a financial plan so that they can Live Life Confidently.