Estate & Tax Planning for Non-U.S. Citizens

Estate & Tax Planning for Non-U.S. Citizens

Individuals who are not United States citizens, such as nonresident aliens and greencard holders, face an even more challenging estate planning environment when they own United States assets. A nonresident individual is entitled to an exemption of only $60,000.00 for Estate Tax purposes for their United States property. Proper estate planning for Non-US citizens can greatly reduce the incidence of the United States Estate Tax for non-US citizens by taking advantage of certain structures and estate planning techniques. Typical strategies that we customarily implement for our Non-US citizen clients include Offshore Corporations and Trusts.