Quebecers Avoiding US Probate: Can It Be Done?

Pierre, a client of ours from Quebec, came to us with a problem. He owned a condo in Florida, and since Micheline recently passed away, he did not want to go to the vacation home anymore and wanted to sell it. The title ownership was in Micheline’s name alone, but her Quebec notarial will left all of her assets to Pierre, including the condo. Unbeknownst to Pierre, even though his notary told him their notarial wills would avoid probate in Quebec, he found out that they did nothing to avoid probate in Florida! Not only would he have to wait a year to sell the condo, but also have to gather numerous documents, hire and pay a lawyer to deal with the probate court in the county where the property is located, and on top of it all, since his wife’s will was written in French, he would have to pay a translator to get a copy in English! What a mess! Read the rest of this entry »

Ask the Experts Radio Show – November 2012


On the November episode of Ask the Experts on Newstalk1010, Managing Partner David A. Altro and Chief Operating Officer Matt Altro speak about the many issues that Canadians need to be aware of when considering buying property in the U.S. and moving to the U.S.

Host Iain Grant goes through various client situations for that relate to probate, incapacity, rental properties, the number of days allowed in the US, immigration to the US, and US estate tax and the possible upcoming changes in light of the US election results. David Altro and Matt Altro also answer some live caller questions on these topics.

Listen to the program below and don’t forget to tune in to the show the first Saturday of every month at 5 PM EST on Newstalk1010.

Part 1

Part 2

Part 3

Part 4

Part 5

Part 6

Leaving on a jet plane…but first, as an expatriate, have you paid your US Exit Tax?

For whatever the reason, each and every day people make the decision to move away from their native country to pursue a life elsewhere. Whether it is a dual citizen looking to give up their passport of one country, or someone looking for a fresh start, the tax implications of being an expatriate are a complicated minefield to navigate. Read the rest of this entry »

Dollars and Sense Radio Show – October 2012

Montreal, Quebec – October 25, 2012

On the October 25th episode of Dollars and Sense on CJAD 800 AM, host and Certified Financial Planner, Matt Altro and legal expert David A. Altro discuss buying property in the U.S. and how Altro & Associates assists Canadians with this process. Read the rest of this entry »

Platinum Sponsor of the Bal Réseau Sélection

This year, Altro & Associates was proud to be present as a Platinum/Platine sponsor at the Bal Réseau Sélection in a night to honour their residents. It was a lovely event with dinner, dancing and entertainment that we are happy to participate in. The event supports many charitable causes in the Montreal area, for which we congratulate the organizers and volunteers in their achievement.

Recent Changes to the Application Process for Obtaining an Individual Taxpayer Identification Number (ITIN)

As a lawyer specializing in cross border tax and estate planning for Canadians purchasing U.S. real estate, I have experienced my share of questions from clients regarding U.S. tax returns and concerns with respect to U.S. filing requirements for Canadians. A change concerning U.S. filing requirements was recently brought to my attention when my clients, Dave and Sandra, from London, Ontario were in the midst of closing their beach house purchase in Boca Raton. Dave and Sandra planned on renting out their property, and therefore, would be generating an income in the U.S. I advised them to apply for an Individual Taxpayer Identification number (ITIN), which would be required for their filing obligations. Upon printing Form W-7, the necessary form for obtaining an ITIN, my assistant, Jenna Ward, brought to my attention a change to the process of obtaining an ITIN. Read the rest of this entry »