Tips, Tricks and Pitfalls when Representing an International Client
Michelle Chapin presented “Tips, Tricks and Pitfalls when Representing an International Client” to the MSBA Estate & Trust Study Group on April 18, 2019.
Her presentation included:
- US Situs Assets for Gift Tax vs. Estate Tax
- Estate Tax Treaties
- Gifting Between Spouses
- Caution when naming your fiduciary
- Residency for Income Tax Purposes vs. Domicile for Estate Tax Purposes
- Filing Disclosures
- Filing Obligations under Foreign Bank and Financial Accounts (FBAR) & Foreign Account Tax Compliance Act (FATCA)
- Foreign Investment in Real Property Tax Act (FIRPTA)
- 2104(b) Revocable Trust Taint
- EU Succession Regulation
Michelle is a member of the firm’s Estate Planning, Estate & Trust Administration, Tax and Corporate practice groups.