Receiving a Canadian Inheritance as a U.S. Resident

Cross-border estate planning can be very confusing. Today, we try to clarify some of the uncertainty of receiving an inheritance from a Canadian here in the States. We will discuss:
- Taxation of the inheritance in Canada
- Taxation here in the States
- Different inheritance rules between the U.S. and Canada
- Reporting the Inheritance here in the U.S.
- Planning techniques for a cross-border inheritance