Planning Challenges for Families with Multi-National Family Members or Assets | American Bankers Association (ABA) | 5 September 2024 | Webinar
Venue
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| Event Date | Thu Sep 5 EDT (3 months ago) |
| Location | Webinar |
| Region | Americas |
Details
Many U.S.-based families have one or more family members living outside the country for many years or even permanently. Other families acquire property in a foreign country. This session will review some of the more common issues to watch for when dealing with the legal and tax systems of different countries.
Discussion Highlights
• Most common legal and tax differences important to estate planning between the U.S. and other countries
• Non-U.S. citizen spouses and the marital deduction
• Owning real property in another country
• Challenges with trusts that exist even in other common law jurisdictions
• U.S. citizens who have a tax residency in a foreign country who own interests in a U.S. business entity
• Basic challenges in opening accounts across jurisdictions
• EU and U.K. ownership disclosure requirements
Audience
• Wealth management professionals: advisors, managers, officers
• Trust professionals: managers, advisors, officers
• Estate planning professionals
• Private bankers
• Tax and financial professionals
Speakers
2024 Speakers
Thomas W. Abendroth
ArentFox Schiff LLP
Stephen W. Murphy
McGuireWoods LLP