International Estate Planning: A Reference Guide - Second Edition

International Estate Planning: A Reference Guide, Second Edition is an authoritative resource for those seeking key information in the estate planning field. Practitioners and foreign advisers whose clients have assets, children, parents or a spouse in other countries, or whose tax liabilities are difficult to define because of nationality, employment, or residence issues will find straightforward information in this succinct, but highly useful guide. Now completely reorganized and expanded, the new second edition continues to bring easy access to hard-to-find information, as it addresses issues behind common questions like
I just bought a vacation home in France. Should I do anything?
My daughter married someone in Italy. Should I change my trust?"
Can an American save taxes by using off-shore trusts?
Authors Hauser and Langa flag potential mistakes and pitfalls throughout the book and discuss ways to avoid them. Combining their many years of private practice as advisors they shed light on the cultural, international, and interstate differences in attitudes and practices towards estate planning instruments such as trusts, wills, or foreign gifts, the concept of testamentary freedom, and a host of other matters that, if ignored, could lead to significant losses. They complement this information by providing 19 country-specific estate planning summaries from local lawyers around the world to provide first-hand accounts of how estate planning is handled in those jurisdictions. Accompanied by an extensive appendix of IRS notices, forms and relevant treaties, this book, long valued by its readers, is an extraordinary resource on international estate planning.