Understanding the Potential Pitfalls Where an Estate Has a Canadian Beneficiary
February 4 @ 12:00 pm - 1:00 pm EST
Guest Speaker: Christa Walkden, CPA(ND), MST, TEP, CPA, CA, Senior Vice-President, Advanced Wealth Planning Group, Wellington-Altus Private Wealth Inc.
Host: John A. Warnick, Esq., Founder, Purposeful Planning Institute
Description: The purpose of this session is to create some awareness of certain pitfalls in basis U.S. estate and gift administration when there is a Canadian beneficiary. Missteps can be costly to the Canadian beneficiary, yet the solutions are relatively straightforward. We will leverage a few real-life scenarios to help illustrate these pitfalls.
Introduction to Our Guest Speaker
As Senior Vice-President, Advanced Wealth Planning, Christa is responsible for the overall financial and estate planning offering which supports our clients and advisors at Wellington-Altus Private Wealth. Christa brings over 20 years of tax, estate and financial planning experience to this role, with a background in cross-border planning. She studied and worked at large accounting firms in both Canada and the U.S., giving her a unique perspective into how the tax environments interact. As Vice-President, Product Management with one of the industry’s leading financial planning software providers, she worked alongside financial planning thought leaders across North America. Christa is also a seasoned public speaker, often asked to translate complex tax regulations into clear and actionable advice. Christa earned her Certified Public Accountant (CPA) designation from the Minnesota State Board of Accountancy in 1997 after graduating with her Bachelor of Commerce degree from the University of Manitoba. She is currently licensed with the state of North Dakota. She also completed In-depth and In-residence Tax Courses (Levels I and II) from the Canadian Institute of Chartered Accountants and she attained her Master of Science in Taxation (MST) from Golden Gate University. Most recently, Christa earned her Trust and Estate Practitioner designation (TEP) as an experienced practitioner as well as her Chartered Professional Accountant designation (CPA, CA).