International Estate Planning
International estate planning, can be complicated. More and more foreign nationals have assets in the US for investment purposes, asset allocation, or to benefit their children who live in the United States.
Non-resident foreign nationals are subject to extremely high estate taxes when they die. Even though the Federal estate exemption amount is around $5.4 million for US. Citizens, the exempt amount for non-resident foreign nationals is only $60,000 which could subject your property to an enormous estate tax.
If you are a foreign national who maintains property in the United States, we may be able to help you assess your exposure and plan around it.
In today’s highly litigious society, what steps can you take to protect your hard-earned personal assets from lawsuits and creditors – especially if you operate in a high-risk profession or own your own business? Smart asset-ownership structures can protect against subsequent creditor actions.
We will work with you to decide the appropriate protective vehicle for your specific circumstances. These may include insurance, asset segregation, LLC’s, asset protection trusts, prenuptial agreements, and more.
CALL TODAY FOR AN APPOINTMENT SO THAT WE CAN DISCUSS WHICH STRATEGIES WILL WORK BEST WITH YOUR ESTATE AND GOALS. 312-641-9500