If the spouse will be a non-citizen for at least a few more years, he'll need to plan for the contingency he passes before she's a citizen. There can be onerous taxation of inheritence by a non-citizen spouse, and he may need a qualified domestic trust. At the least, he'll need to ensure his estate attorney is aware of the current non-citizen status of spouse. Moreover, does the spouse have assets outside the US that she'd like to leave to him if she passes first? They may need to make special estate arrangements in the other country so he inherits in a way that keeps the non-US assets outside his own US estate.
NB, I'm not a lawyer, but as I do have a non-citizen spouse, our estate plan has had to account for these possibilities.
NB, I'm not a lawyer, but as I do have a non-citizen spouse, our estate plan has had to account for these possibilities.
Statistics: Posted by asset_chaos — Mon Nov 18, 2024 2:17 am — Replies 3 — Views 393