Quote:
Originally Posted by opendoor
Yeah, if you're primarily holding non-US stuff, then the risk is less (though they do generally need to be satisfied that your entire estate holds less than $60K of US-situs assets). But a lot of people have tons of US holdings in IBKR accounts and their executor/heirs will be pretty surprised when they're waiting a year or two to even get access to the account, a process than can be done in a matter of weeks after probate is completed with a Canadian-domiciled brokerage.
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Is it accurate that a joint account wouldnt have this issue if one holder died?