Really? How does inheritance of aliens in the US work? I didn't know this. I wonder why Bush hasn't thrown all his heart into changing this. If Vicente wants to live in the US, surely he can leave his feudalistic fortune to his kids?
Well I attended some family wealth preservation classes.
Some of the people in the class are children of non US citizens who are only legal residents.
If you do not become a citizen in the United States, your assets cannot benefit with the deductions like it does with Americans.
This year there is a 2 million dollar deduction.
Last year it was 1.5 million.
There are spouses of Americans who never got their citizenship and when they die they think they will get the estate deduction, but instead they will pay high taxes right from the first few thousands.
Well I attended some family wealth preservation classes.
Some of the people in the class are children of non US citizens who are only legal residents.
If you do not become a citizen in the United States, your assets cannot benefit with the deductions like it does with Americans.
This year there is a 2 million dollar deduction.
Last year it was 1.5 million.
There are spouses of Americans who never got their citizenship and when they die they think they will get the estate deduction, but instead they will pay high taxes right from the first few thousands.