Checklist For Non-U.S. Purchasers Of U.S. Real Estate

For Canadians and others outside the United States who are investing in real estate south of the border, there are important practical issues to consider before making the purchase. Here are some important steps you should take:

Coordinate the purchase with your estate plan

• Decide who will take title to the property, and how

• Consider the possible use of a trust or separate U.S. Will to address probate issues

• Consider appropriate uses of life insurance and non-recourse mortgages

Obtain local legal counsel before signing the contract

• To review and revise as appropriate all pre-printed forms