Advanced Domestic & International Estate Planning

3 units

This course will consider the income, gift and estate tax issues facing non-resident alien individuals investing in, or moving to, the United States, and of United States citizens investing or working outside the United States. In addition, this course will consider expatriation as a factor in estate planning; the income taxation of foreign trusts and their beneficiaries, including a study of the new grantor trust rules and the new rules on residence of trusts; a comparison of foreign trusts to other foreign entities; the problems of the multi-country estate; an analysis of current United States estate tax treaties; and related issues. This course will also address some advanced planning techniques related to domestic estates.