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S E M I N A R Crossover Estate Planning Making cents of assets here and abroad Why attend? The world is shrinking, but your practice can expand Including the and your risk of malpractice decrease
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Cross-border estate planning is the process of arranging and managing one's assets and liabilities across different countries to ensure that they are distributed according to the individual's wishes upon their passing.
Individuals who have assets or beneficiaries in multiple countries may be required to file cross-border estate planning to ensure proper distribution of their estate.
Cross-border estate planning can be filled out with the assistance of legal and financial professionals who specialize in international estate planning to ensure compliance with relevant laws and regulations in each country.
The purpose of cross-border estate planning is to minimize tax liabilities, avoid conflicts between beneficiaries in different countries, and ensure the efficient transfer of assets upon the individual's passing.
Information such as a list of assets and liabilities in each country, details of beneficiaries, and any existing wills or trusts must be reported on cross-border estate planning forms.
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