PFPI41A Cross-Border Financial Planning: Estate, Compliance and Real Estate Issues

Course overview

Presented by:
Salomon Gamache
PDUs 5 IPFP
Course type Virtual class
Duration 5 h
Price $520.00 plus taxes
Dates disponibles

Available dates

  • June 3, 2026, 8:30 am to 12:00 pm (French)
  • November 19, 2026, 8:30 am to 12:00 pm (English)
  • November 26, 2026, 8:30 am to 12:00 pm (French)
  • May 18, 2027, 8:30 am to 12:00 pm (French)
  • October 21, 2027, 8:30 am to 12:00 pm (French)


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PFPI41 Planification financière transfrontalière : Enjeux successoraux, de conformité et d'immobilier

Description

Your clients have spent part of their careers in the United States. They now live in Quebec, where they plan to live during their retirement, except for a few months in winter. They have questions about buying and selling real estate in the United States. They have many questions about the various gift and inheritance taxes in the United States and how these affect their various assets as well as those of grandparents still living in the United States.

This course is designed as a follow-up to PFPI40A. It is intended for professionals who have already gained an understanding of retirement plans and cross-border tax issues and now wish to deepen their knowledge of U.S. estate, real estate, and compliance matters.

This training activity consists of 1 hour of preparatory work in asynchronous format and a 4-hour virtual class.

Activity recognition

  • CSF: 5 in general subjects
  • FP Canada: 5 Professional Development
  • OCRI-MFDA: 5 Professional Development
  • OCRI- OCRCVM: 5 Professional Development

Objectives

At the end of this training session, you will be able to:

  • Describe the basic legal and estate concepts relevant to the United States.
  • Understand the key estate planning considerations for Quebec residents with assets in the United States.
  • Explain how U.S. gift and estate taxes operate.
  • Identify the main administrative and tax obligations related to assets and legal entities in both the United States and Quebec.

Key competencies

By taking this course, you will acquire key competencies in these 4 areas of financial planning:

  1. Legal aspects
  2. Taxation
  3. Estates
  4. Retirement

This course also helps develop the transversal comptency of global vision, since it involves analyzing complex situations and identifying optimizations and interrelationships between different areas of expertise, objectives and customer needs, thus offering integrated, customized solutions.

Who should attend

This course is intended for professionals who wish to deepen their knowledge of estate, tax, and real estate matters in a Canada–United States cross-border context, and who want to support their clients through a rigorous, compliant, and well-adapted approach to complex situations.

Register to the course


Course program

Part 1: Introduction and Preparatory Work

  • Overview of the course context and objectives
  • How the virtual classroom works
  • Reminder of the preparatory work to complete before the first session
  • Case study exercise: a couple and their family living between Canada and the United States

Part 2: Legal and Estate Aspects in the United States

  • Legal systems: common law, bijurisdictional issues, community property
  • Probate process: definition, steps, advantages and disadvantages, alternatives (living trust, joint tenancy, enhanced life estate deed)
  • Types of wills and estate documents: holographic will, nuncupative will, statutory will, mutual or reciprocal will, joint will
  • Powers of attorney and advance medical directives: power of attorney, power of appointment, durable power of attorney for health care, living will, DNR, POLST
  • Comparison of probate processes in the United States and Quebec

Part 3: U.S. Estate Taxes

  • Categories of estate taxes: estate tax, gift tax, generation-skipping transfer tax (GST tax)
  • Definition of situs assets and tax rules for citizens, residents, and non-residents
  • Calculation of estate taxes, applicable credits, and thresholds
  • Filing obligations and required forms (Form 706, Form 8938, FBAR, T1135, PFIC, CFC)
  • Strategies to reduce probate costs and optimize estate transfer

Part 4: Compliance and Reporting Basics

  • Key forms and tax compliance obligations: FATCA, FBAR, T1135, PFIC, CFC
  • Risks of failing to report and applicable penalties
  • Requirements for individuals with financial ties between Canada and the United States
  • Case studies on compliance and cross-border asset reporting

Part 5: Real Estate in the United States

  • Legal and tax implications of holding real estate (purchase, rental, resale)
  • Tax treatment of rental income and capital gains
  • Reporting obligations and forms (W-8 ECI, 1040NR, W-7, FIRPTA)
  • Comparison of ownership structures and profitability analysis
  • Estate implications and optimization strategies

Part 6: Practical Application and Professional Strategies

  • Case studies illustrating real and complex situations
  • Strategies to guide clients in managing their assets and cross-border estate and real estate planning
  • Summary of key concepts and professional guidance

Summary

This training provides an in-depth understanding of estate, compliance, and real estate issues in a Canada–United States cross-border context. Participants develop the skills needed to provide advice tailored to clients with financial interests on both sides of the border.

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Trainer

Salomon Gamache


Salomon Gamache is a financial planner and tax specialist with over 15 years of experience. He is recognized for his expertise in integrated financial advice and professional training within the financial services sector.

See LinkedIn profile


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