Should I create a trust for estate planning? This is a question that’s coming up a lot, as trusts have been sold as the answer to everything. In this post, we answer the questions, but we start by helping you understand trusts, what they are, what each of the trusts do.
By the end, you’ll have a good idea of whether you should create a trust or not.
If I receive gifts from overseas, what taxes am liable for?
What are the tax considerations for receiving gifts from overseas families when you live in the US and you are a tax resident?
The courts have a plan for taking care of your minor kids if you pass away, become incapacitated or get deported from the US.
How do you ensure that it you can have overseas guardianship to protect your kids?
Foreign-born families and other immigrants tend to send a lot of money overseas. So in this post, I’m answering the question – do I pay taxes when I send money abroad from the US?
Do you know how to protect yourself if you become incapacitated? Do you know how to appoint guardians including international guardians? Read the post for answers to these questions, as well as an introduction to a new estate planning solution – Trust & Will
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