The Tax Chick Podcast

What happens when your beneficiaries live abroad, your executor resides in another country, or you own assets outside Canada? In this episode, I explore the increasingly common world of international and non-resident estate planning. From foreign executors and overseas beneficiaries to Section 116 clearance certificates and unexpected tax residency issues, I walk through some of the key traps and planning opportunities that arise when estates cross borders. If your family, assets, or advisors are located in more than one country, this episode is a great introduction to the issues you should be thinking about now rather than leaving for your executor to unravel later! HERE ARE SOME OTHER WAYS TO CONNECT WITH ME: My website! Email: [email protected] @tax.chick (IG) LinkedIn Be a "Tax Chick VIP"

What happens when your family, assets, or beneficiaries are spread between Canada and the United Kingdom? In this episode, I sit down with UK private client lawyer (and my STEP friend ;) Claire Weeks to unpack the estate planning and tax issues that arise when estates cross borders. We compare the Canadian and UK approaches to succession law, estate administration, and taxation at death, and explore some of the most common scenarios faced by families with connections to both countries. We discuss the UK's inheritance tax regime, the recent shift from domicile-based taxation to the new long-term residency rules, and why gifts, trusts, and careful planning can have a significant impact on the ultimate tax bill. Whether you are a Canadian with children living in the UK, a UK resident holding Canadian assets, or a professional advising cross-border families, this episode offers a practical introduction to the issues you need to consider. MORE ABOUT MY GUEST TODAY: Maurice Turnor Gardner Website Claire - LinkedIn HERE ARE SOME OTHER WAYS TO CONNECT WITH ME: My website! Email: [email protected] @tax.chick (IG) LinkedIn Be a "Tax Chick VIP"

Thinking about incorporating your business? You are not alone. It is one of the most common questions I get from entrepreneurs, professionals, and business owners. In this episode, I break down the key differences between operating as a sole proprietor and running your business through a corporation. I discuss the tax concept of integration, when incorporation can create tax deferral opportunities, and some of the practical considerations that often get overlooked, including bookkeeping, banking, legal documentation, professional advisors, and the ongoing costs of maintaining a corporate structure. Whether you're just starting a business or wondering if you have reached the point where incorporation makes sense, this episode will help you understand the questions you should be asking before taking the leap! RELATED EPISODES: Season 2, Episode 7, "Should I incorporate? A candid conversation with business owner, Erin Romeo, about her journey to incorporation" Season 2, Episode 8, "Incorporation 101 - tackling some of the myths surrounding incorporation, with special guest Phil Guenther" Season 4, Episode 5, "Copyrights and Trademarks - a "tax adjacent" episode with special guest, Luanne Schlosser of Lunova Law" HERE ARE SOME OTHER WAYS TO CONNECT WITH ME: My website! Email: [email protected] @tax.chick (IG) LinkedIn Be a "Tax Chick VIP"

I am joined by firm colleagues and future tax stars Nick Kane, Helia Soleimani, Frank Chou, and Savaria Sargsyan for a friendly battle of tax knowledge (and occasionally wild guesses). Together, we tackle trivia questions covering everything from bagel taxes and British candle taxes to cereal-box toys, beaver pelts, and tax-free jurisdictions. Along the way, listeners will also learn what everyone wanted to be when they were 10 years old... and discover that not one of us planned on becoming a lawyer! Want more tax trivia? Check out last year's episode with Nick, Frank and Blake (Season 6, episode 10). HERE ARE SOME OTHER WAYS TO CONNECT WITH ME: My website! Email: [email protected] @tax.chick (IG) LinkedIn Be a "Tax Chick VIP"

After a short break to rest and recover, I am back! This episode is a quick catch-up on where I have been, what I have been working on, and what’s coming next on the podcast. In early June, I was in Toronto for the STEP National Conference and Board Meetings... hands down one of the professional highlights of my year. In this episode, I take you behind the scenes of the conference, share why STEP (the Society of Trust and Estate Practitioners) has had such a profound impact on my career, and explain why the TEP designation matters (especially for clients with complex estate and cross-border considerations). We also get into: How my practice has evolved toward complex, international estate planning Emerging issues in estates and trusts (think: electronic wills, cross-border families, surrogacy, and fraud risks) Highlights from the STEP conference (key sessions, incredible speakers, and the power of professional community) Mentorship, connection, and why building networks in this profession really matters On the personal side, I share a bit about choosing rest over burnout, celebrating a major milestone with my articling student becoming a lawyer, and what’s ahead this summer (including travel and upcoming podcast episodes). RESOURCES DISCUSSED ON THIS EPISODE: STEP Canada HERE ARE SOME OTHER WAYS TO CONNECT WITH ME: My website! Email: [email protected] @tax.chick (IG) LinkedIn Be a "Tax Chick VIP"