At the American Academy of Estate Planning Attorney’s recent San Diego Summit, I presented a seminar about some of the most common types of issues that lawyers might encounter in international estate planning. The most basic issue is one of citizenship. Is the person a citizen of the United States? If so, they are subject to U.S. tax laws, including estate and gift tax and income tax, regardless of their country of residence. This is unusual, as most countries do not tax people who are not … [Read more...] about International Estate Planning Issues
