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More property in foreign jurisdictions complicates estate planning

Monday, February 12, 2018 @ 9:03 AM | By Susannah Roth

In an increasingly global and mobile society, where people move between jurisdictions with relative ease, the number of people who acquire property in foreign jurisdictions, inherit foreign property from a relative, or own a foreign property and then move to Canada, is multiplying. While these developments may speak to the increasing prosperity and cosmopolitan nature of Canadian society, foreign property can create problems for families if proper planning is not put in place prior to the owner's death.

One problem can be the foreign probate process...