Toronto Estates Lawyer Advising High-Net-Worth Clients on Estate Planning and Tax Matters
Estate taxes can be a huge expense and a potentially large financial liability if not anticipated or properly planned for in advance. This is especially true for clients with real estate, bank accounts, or other significant assets in both Canada and the U.S.
The team at Feigenbaum Consulting has deep experience with and thorough knowledge of both Canadian and U.S. estate legislation to help clients create effective strategies to manage, transfer, and preserve their wealth. The firm creates custom-tailored tax and estate solutions for clients in both Canada and the U.S., who have both cross-border, or single jurisdiction assets.
Helping Clients Minimize Tax Exposure
With professional accounting designations in both Canada and the US, coupled with admittance to the bar in both countries, the firm’s founder, Mark Feigenbaum, and his team are uniquely positioned to consult on tax and financial strategies and represent the legal interests of clients on both sides of the border.
Feigenbaum Consulting has broad experience with both Canadian and US estate tax legislation. The firm creates strategies to transfer and preserve wealth for those subject to estate taxation in both countries. The team utilizes their extensive knowledge to ensure clients take advantage of all available tax minimization and deferral opportunities when creating custom-tailored tax solutions.
Feigenbaum Consulting has been a leader in the field of cross-border tax services for decades.
Where proactive planning is not enough, the firm also represents clients in a wide variety of estate and tax disputes, including:
- Tax disputes
- Estate litigation
- Civil litigation
Avoid Serious Cross-Border Tax Issues with Effective Estate Planning
Without proper estate planning, estate taxes can be a huge liability. For example, a Canadian who owns property in the US but is not a US citizen or resident will face 40% US estate taxes on the fair value of their property.
Feigenbaum Consulting prepares US Estate tax returns (Forms 706/706NA) and is routinely consulted by other accountants, lawyers, insurance professionals and financial planners to assist their clients on estate planning or post-mortem tax advice. Estate tax issues can be hugely complex and burdensome. The team at Feigenbaum Consulting knows how to handle these issues well and is routinely sought out by clients, counsel and other professionals for security in minimizing tax exposure and on complicated cross-border estate matters.
Prior to forming Feigenbaum Consulting, firm founder Mark Feigenbaum worked in the cross-border tax department of an international Big 4 firm and held accounting management positions in a range of sectors in both Canada and the US. Mark has assembled a team whose skills combine vast legal, tax, and business knowledge in order to provide thorough, multi-disciplinary advice and exceptional risk management, and personal and corporate cross-border tax planning.
Contact Feigenbaum Consulting for Comprehensive Estate Planning to Minimize Tax Exposure
Effective estate planning and addressing estate tax issues requires guidance from a deeply knowledgeable and experienced lawyer and tax professional. Feigenbaum Consulting helps clients avoid the biggest legal and financial risks that can arise when planning their financial future.
Feigenbaum Consulting proudly serves clients in the US, Canada, and around the world. To discuss minimizing your tax exposure in estate planning, contact the firm online or by telephone at (416) 468-7298.