Business News • MarketWire • Global Family Trees: BMO Study Shows Canadians with Family and Investments Abroad Unfamiliar with Tax and Estate Laws

Global Family Trees: BMO Study Shows Canadians with Family and Investments Abroad Unfamiliar with Tax and Estate Laws

Global Family Trees: BMO Study Shows Canadians with Family and Investments Abroad Unfamiliar with Tax and Estate Laws

- One quarter of Canadians have family and assets abroad- More than one-third of international asset holders are not familiar with the taxes and laws pertaining to their wills - Assets abroad can include second properties, bank accounts and investments- Corporate executorship is key to managing an estate with global components

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