The upward trend of multinationals - people with a connection to more than one country - requires practitioners to expand their knowledge of estate planning in the international context. This addresses the main areas in which estate planning for multinationals is unique - application of the federal estate tax, difference in the exemption amounts, marital deduction, gifting allowances, determination of residency, asset situs and the application of tax treaties are explained. Estate planning techniques that address the differences in these concepts are illustrated with client examples, so attendees can directly apply the concepts to their own clients.
Learning Objectives:
Identify the unique estate planning issues of multinational clients.
Identify the opportunities and limitations in U.S. or foreign investments in relation to the estate needs of multinational clients.
Understand the estate and income tax landscape of multinationals to invest accordingly.
