Tag: international estate planning
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What Is Probate? An Introduction for Foreign Nationals
How probate works in Washington DC, Maryland, Virginia and California: the court process step by step, what it costs, the assets that pass outside probate, and what changes when the decedent or the heirs live abroad.
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Estate Planning for Non-US Citizens
Summary A non-citizen who has become domiciled in the United States is taxed at death on the worldwide estate, exactly like a citizen, and has the same $15,000,000 exclusion in 2026. The green card is not what decides this. What such a person does not have is the unlimited marital deduction. Property passing to a…
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Estate Planning with non-US Assets
A United States citizen, or a person domiciled in the United States, is taxed at death on everything owned anywhere: the apartment in Munich, the account in Geneva, the pension accrued in London. The plan meant to govern those assets is not similarly unified. Succession is territorial, and every country in which property sits runs…
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Tax Compliance
US persons have to declare foreign financial assets, foreign income and inheritances and trust distributions from abroad.
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Charitable Planning
When deciding on how to best leave assets to charities, grantors should be aware of the differences regarding the tax treatment: bequests to registered US charities are usually tax-exempt, whereas leaving property to non-US charities is usually not tax-exempt.
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Business Succession Planning
Planning a business succession may take years and should therefore be started well in advance. The goal is to ensure that the next generation is available and prepared at the time when the current owner wishes to hand over the reigns. When handing over control takes place gradually, various management issues may occur. Often business…
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Estate and Tax Planning
International families often require careful and comprehensive tax and estate planning. What is the most tax-efficient way to hold assets such as brokerage accounts, businesses and real estate? What estate and inheritance taxes face the legatees of non-US citizens who have assets in the United States? After analyzing your situation we recommend tailored solutions.
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Ashford International Law PC
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