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Pre-Immigration Estate and Gift Tax Planning: Foreign Assets, Reporting Requirements, Strategies for Estate Planners

A live 90-minute CLE/CPE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Wednesday, June 11, 2025

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, May 16, 2025

or call 1-800-926-7926
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This CLE course will provide trusts and estates attorneys with a practical guide to pre-immigration estate planning tools and techniques. The panel will go beyond the basics to detail intricate strategies for minimizing income tax, including basis strategies for non-U.S. situs assets, structuring "drop-off" trusts, and planning for the possibility of the nonresident alien's return to the country of origin.

Description

The U.S. imposes a tax on its residents' worldwide income requiring significant planning for would-be immigrants. Trusts and estates counsel must align planning strategies with current U.S. tax law for those seeking to become U.S. residents to avoid unintended tax liability for certain income and foreign assets.

Future immigrants must assess their financial situation and plan accordingly before becoming U.S. taxpayers in order to preserve their wealth. In some cases, for income tax purposes, it may be advantageous to accelerate income and gains and defer deductions/losses before establishing U.S. residency if, for example, the U.S. statutory tax rate is higher than the immigrant's current tax home. In other cases, the focus may be on sheltering worldwide assets from the U.S. tax system, especially if the person has or will inherit significant assets.

With thoughtful planning, clients may avoid unexpected aspects of U.S. tax law that could significantly impact family wealth. Estate planners must review clients' foreign companies and offshore mutual funds, consider the implications of foreign trusts, establish a gifting program, explore the use of insurance, and examine other methods of preserving wealth and minimizing income, estate, and gift taxes.

Listen as our panel discusses strategies for minimizing income, estate, and gift taxes, including basis strategies for non-U.S. situs assets, structuring "drop-off" trusts, and planning for the possibility of the nonresident alien's return to the country of origin.

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Outline

  1. Residency and tax consequences
  2. Pre-immigration planning goals
  3. Income tax issues and planning
  4. Estate and gift tax planning
    1. Foreign assets and basis
    2. Use of trusts and other techniques
  5. Case studies and best practices for estate planners

Benefits

The panel will review these and other key issues:

  • What are the residency and tax consequences of immigrants coming to the U.S.?
  • What are the key pre-immigration estate planning considerations?
  • What are the income tax challenges and methods to minimize taxes?
  • What estate and gift tax planning techniques are available under current tax law?
  • What are the key basis strategies for non-U.S. situs assets?
  • What are the key considerations in utilizing and structuring trusts?

Faculty

Friedlander, Anita
Anita W. Friedlander, Esq.
Attorney
Marini & Associates

Mrs. Friedlander concentrates her practice in the areas of Tax Law both International & Domestic, Representation...  |  Read More

Marini, Roandl
Ronald A. Marini, Esq.
Attorney
Marini & Associates

Mr. Marini is a Tax Attorney with more than 35 years of experience in the areas of Tax Law, both International &...  |  Read More

Attend on June 11

Early Discount (through 05/16/25)

See NASBA details.

Cannot Attend June 11?

Early Discount (through 05/16/25)

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video