We administer estates of non-U.S. residents who die owning property in the United States, with particular emphasis on property subject to U.S. estate tax, including probate and assisting with the preparation and filing of U.S. (and state, where necessary) estate tax returns.
We assist individuals and families with all aspects of international and cross-border estate planning such as U.S. estate, gift and income taxation of non-resident aliens; taxation matters associated with permanent and temporary foreign residency; unique community property and asset protection issues that arise when foreign persons or foreign assets are involved.
We have experience representing clients who are U.S. citizens as well as foreign clients with U.S. business interests and or personal assets in the U.S. We assist these clients with handling estate planning matters in connection with several foreign countries, including preparing qualified domestic trusts (QDOTs).
We assist U.S. clients to minimize estate or inheritance taxes for assets located in foreign countries.We have experience with foreign asset reporting including the Foreign Bank Account Report (FBAR or TD F 90-22.1), the Foreign Account Tax Compliance Act (FATCA), and reporting obligations related to foreign trusts.
We coordinate global estate planning for U.S., foreign and multinational families. Where clients have assets abroad we coordinate their estate planning with local counsel in those jurisdictions.We will work with you and local counsel to develop and implement an Estate Plan that not only complies with the laws of all countries involved, but one that takes full advantage of the legal benefits each country has to offer, while minimizing potential tax burdens, such as double-taxation. We believe in working with clients’ advisors in a coordinated effort to develop and implement tax efficient strategies that work both in the U.S. and in the other relevant country or countries. We work with their U.S. and foreign based advisors, attorneys, bankers and tax counsel to implement and maintain the plan.
Legacy & Trust Legal Counsel, PLLC assists clients throughout Northern Virginia including Kingstowne, Falls Church, Vienna, Roslyn, Springfield, Mount Vernon, Annandale, Fort Belvoir, Fairfax, Dunn Loring, Merrifield, McLean, Oakton, Reston, Burke, Great Falls, Fredericksburg, Stafford and Herndon in Arlington County, Alexandria County, & Fairfax County.
Legacy & Trust Legal Counsel PLLC