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Shane Dubin, Toronto Wealth Management Executive, Offers Strategies to Minimize U.S. Estate Tax for Canadians

TORONTO, ON / ACCESSWIRE / September 13, 2019 / Shane Dubin, Senior Vice President, Investment Advisor and Portfolio Manager at Canaccord Genuity in Toronto, is helping to offer high net worth Canadians integrated planning with regards to U.S estate tax.

Shane Dubin described the advantages of hiring a wealth management advisor to review complex tax requirements: “As more Canadians are investing in the U.S. to diversify their portfolios, a general understanding of the tax issues including estate tax associated with such investments is important.”

Dubin says both countries have comprehensive and very complex tax systems.

“Canadian citizens who own U.S. stocks or property upon death may be potentially caught by the U.S. estate tax. A well-constructed estate plan can help to ensure that taxes are kept to a minimum and more of your assets will be left for your heirs. This typically involves the use of a Canadian holding company to potentially save clients from paying high U.S. estate taxes.”

When a Canadian dies owning U.S. property that has a value exceeding US$60,000, the executor/liquidator of their estate is required to file a U.S. estate tax return regardless of whether there is actually a U.S. estate tax liability. U.S. estate tax is calculated based on a graduated tax rate system.

“You’ve spent your life accumulating your wealth. We can help you to preserve these assets and ensure they are managed the way you intended. We will work together to create a personalized estate plan that meets your needs,” Shane Dubin commented.

Shane Dubin established Dubin Wealth Management in 2012 to offer clients the structure and support of a large financial institution along with an independent, personal and client-focused service. As an investment advisor, Shane Dubin and his team are able to offer customized investment strategies to meet a broad array of sophisticated needs, including investment portfolio management, financial and estate planning, and insurance.

About Shane Dubin:

Shane Dubin joined Canaccord Genuity in April 2018 where he continues to grow his wealth management business, Dubin Wealth Management. Dubin and his team at Dubin Wealth Management work with clients to uncover every available solution to ensure a prosperous financial future. Building on portfolio management expertise, Dubin Wealth Management prides itself on a combination of accountability, proactivity and genuine concern for clients.


Shane Dubin

SOURCE: Shane Dubin

ReleaseID: 559541

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