Today, the odds that your estate planning client holds international investments and real estate, or has family or friends with a connection to a foreign country, are greater than ever. International ties can significantly change the results of a well-laid estate plan or make what may seem like a relatively simple plan complicated.
Watch and learn to:
- Anticipate tax and estate planning implications of foreign ties
- Plan gifts to (and from) nonresident family members
- Determine which foreign laws apply to your client's assets
- Avoid inadvertently making your U.S. trust a foreign trust
- Engage foreign counsel when necessary
- Draft wills that comply with the Washington Convention