David A. Altro featured in the Gazette

By
Matt Altro
February 15, 2011 | All, Publication

David A. Altro is featured in the online article by Paul Delean titled From wills for Florida condos to working up north.

In the article, David offers his expertise on the following senario:

Q: “My wife and I own a condo in Florida and we are preparing our last will and testament. Is there wording we require in our Quebec will to ensure the condo goes to the other, without probate, when either of us dies? Will there be taxes owed then or when the condo is subsequently passed on to our children?”

A: Language won’t spare you from probate in Florida. All wills are subject to probate when there’s a transfer at death of Florida real estate held in the name of the deceased, says lawyer David Altro, who practises in Florida and Quebec. “The best way to avoid the probate expense and hassle is to have title to the property in a cross-border trust,” Altro said. “Upon death the property will be transferred to the person so designated in the trust without probate.”

View the full article here.

Radio Show – February 2011

By
Matt Altro
February 15, 2011 | All, On the Radio

Montreal, Quebec – February 7, 2011

February 7, 2011 Host Matt Altro welcomed Bonnie Altro, New York Attorney, to the Dollar and Sense show for the first time. Matt and Bonnie lead listeners through the life cycle of ownership of U.S. property. First they looked at the opportunities / pitfalls for a Canadian looking to buy in the U.S. Then the question of how to take title surfaced. Bonnie pointed out pros and cons to different structures such as personal ownership, corporate as well as the use of a Cross Border Trust. Bonnie also gave an update to the U.S. estate tax situation. The hour closed with Bonnie turning the tables on Matt and asked him to point out some of the advantages / disadvantages for Canadians interested in moving to the U.S.

Click here for part 1
Click here for part 2
Click here for part 3
Click here for part 2

Want to check out past shows or other radio content? View our Radio Shows page.

Radio Show – January 2011

By
Matt Altro
February 4, 2011 | All, On the Radio

Montreal, Quebec – January 20, 2011

January 20, 2011 David and Matt lead off the hour with an update to the U.S. estate tax situation. The conversations progressed as David gave an in depth look at what to consider when buying a property in the U.S.,. Matt opened the phone lines and listeners posed some interesting cross border estate planning questions for David. The hour closed with David and Matt examining some of the issues for Canadians interested in moving to the U.S.

Click here for part 1
Click here for part 2
Click here for part 3
Click here for part 2

Want to check out past shows or other radio content? View our Radio Shows page.