International Estate Planning: Managing Assets Across Borders
As globalization becomes the norm, more individuals and families acquire assets in multiple countries. Whether it’s real estate in another country, a business venture abroad, or foreign investments, owning assets across borders presents unique challenges in estate planning. International estate planning is a technique which ensures that your assets are protected, and efficiently transferred to heirs and that taxes are minimized.
This article highlights some key considerations when managing assets across borders and offers strategies for effective international estate planning.