November 12, 2020

Pre-Retirement Planning Virtual Series - Estate Planning for U.S. and Non-U.S. Citizens

• November 12, 2020
• Event Date: November 12, 2020 Add to calendar
• Time: 2:00pm – 3:00pm
• Location: World Bank

Michelle Chapin was a featured presenter on estate planning as part of the World Bank Pension Department’s Pre-Retirement Planning Virtual Series on November 12, 2020.

Michelle Chapin, a member of the firm’s Estate Planning, Estate & Trust Administration, Corporate and Tax practice groups, provided an overview presentation on basic estate planning (e.g., defining and differentiating between a will, a revocable trust, power of attorney, medical directive, probate and its advantages and disadvantages) and addressed non-U.S. citizens on a variety of issues, including the different tax systems that apply to individuals who are—and are not—domiciled in the U.S. for estate tax purposes, the federal estate tax exemption available in both scenarios and those assets subject to or exempt from tax in both situations. She also spoke to unmarried U.S. citizens and couples comprised of two U.S. citizens on how to take advantage of state and federal estate tax exemptions, the use of trusts and a variety of other relevant topics.