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Friday, December 31, 2010

If you own a vacation home in the USA, read this

You may or may not know that the estate tax in the US has been in limbo this last year due to a re-vamping of their tax system. It has caused uncertainty for advisors and consumers alike, but now the Americans have got their new system in place for 2011. This column in today's Financial Post talks about how the new estate tax will affect Canadians who own property in the US when they pass away. Click here to read it.

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