This is an essential resource to help you protect the assets and minimize the taxation of your clients, both in the U.S. and abroad. With the explosive growth in international investments, more and more lawyers and financial advisors realize the acute need to properly address critical issues of international estate planning for their clients. Whether you are counseling a foreign national or an American citizen, whether your practice is in the U.S. or abroad, whether you want to develop a general expertise in the area or are confronted by these issues on a more frequent basis, this is a necessary and practical resource to help you identify and navigate many of the complex planning and regulatory compliance issues, both legal and tax, involved in international estate planning.

As well as offering an overview of the basic principles and procedures of international asset management and addressing the conflict of laws issues central in determining which country's laws will govern the disposition of a donor or decedent's wealth to the basic transfer tax rules for nonresident aliens, U.S. citizens, and resident aliens, this resource provides proven strategies, techniques, and practical applications you can use to effectively meet your client's international estate planning needs. The book's 22 chapters are written by trust and estate lawyers with significant experience in international issues. Their advice goes beyond simply highlighting basic issues in estate planning as they also focus on key issues as compliance, treaty, choice of law, and estate administration problems. This updated edition now includes chapters on FATF and anti-money laundering and offshore compliance, as well as chapters from several foreign jurisdictions to provide comparative insights on different topics, including:

• Wills, probate, and administration
• Marital and family rights
• Special tax considerations
• U.S. tax treaties
• Trusts and alter/native vehicles for the international and offshore client
• Considerations pertaining to particular foreign jurisdictions
• Ethics, transparency, and asset protection in a global world