Hello everyone! It's been a while. How's everyone doing? I hope all is well with your family and friends especially this Thanksgiving Holiday.
Our mother left some properties in our province and now my two siblings and I are splitting these properties to transfer each of our share appropriately. If the title is transferred to my name, how would that affect my tax liability to the US government as a naturalized citizen? Would it beneficial to have my share transferred direct to my son to shelter me from paying double taxes? My son is still a permanent resident.