Speakers: Bill Finestone and Pam Drucker
Topic: Estate Planning for Non-Resident Aliens with US families
This meeting will start at 7:45
We will discuss the problems and issues facing estate and tax planners who deal with foreign persons. We will cover both planning and transfer tax issues, as well as residency rules. We also will review the many acronyms associated with these matters, such as CFCs, PFICs, FIRPTA, and GILTI.
Learning objectives include becoming familiar with the different transfer tax rules relating to nonresident aliens and the various reporting requirements associated with receipts from foreign trusts and corporation.