Suppose you’re contemplating a bold move — literally: pulling up stakes and moving to a foreign country. There are many possible reasons for this drastic change of scenery. For example, you may be enticed by a new career opportunity, looking to retire to a warmer climate, or wanting to live closer to loved ones.
Regardless of whether you’re targeting a move “across the pond” or to a tropical paradise or elsewhere, be aware of the estate tax planning implications. (more…)