Received a Foreign Gift in 2023? Learn About Taxes on Gifts and IRS Form 3520
Do you have to pay taxes on gifts received from another country? We break down what you need to know, including monetary limits and IRS form 3520.
Do you have to pay taxes on gifts received from another country? We break down what you need to know, including monetary limits and IRS form 3520.
A Spousal Lifetime Access Trust is an important tool for protecting your family’s wealth. Discover tax advantages and financial security SLATs offer.
Nowadays, assembling a will is more than deciding how your possessions will be allocated. Read on to learn about estate planning for digital assets.
Haven’t discussed estate planning, finances, final wishes, or even health decisions with your aging parents? Read on to learn how to start.
Trusts and estates are complicated topics and may even be challenging to discuss due to their sensitive nature. Read on for everything you need to know.
One of the most common questions we are asked is about the tax implications of inheriting property or assets in/from a foreign country. Under most circumstances, you will not pay foreign inheritance tax on the receipt of an inheritance from abroad - but you still may have to report it!
Even if you are a temporary worker in the US, you can buy a home. When does buying a home make sense when you're on an H-1B visa?
Is it possible to sell property in India if you're a Non Resident Indian (NRI) living in the US? The answer is yes but the process can be cumbersome.
For the top 0.01% of the American population who are subject to estate taxes because their estates exceed the $11.18M threshold, it’s crucial to plan ahead to minimize taxes imposed on assets upon death.
On the surface, dual citizenship is a wonderful benefit. Dual citizenship is a benefit for most people, but it can also have financial consequences.
What will happen to my family and belongings after I die? This is one of the most uncomfortable, but necessary, questions we must ask ourselves for the sake of our family. A properly executed estate plan can thoroughly answer this question before your death to reduce the emotional stress that your passing will bring.