This citizenship requirement tells you something about the value of the marital deduction as an estate planning strategy. The tax man does not extend the marital deduction to non-citizens because a surviving spouse who is a citizen of another country could return to that country with a tax-free inheritance.
Topics covered in this report include:
- Estate Tax Exclusion Portability
- Federal Gift Tax
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Attorney at German Law | Wealth
Raymond J. German provides a wide range of estate planning services to his clients, with a primary focus on creating peace of mind providing for the security of their loved ones, reducing taxes and avoiding a probate, all with a well-crafted estate plan. Mr. German defines the mission statement for German Law as “Helping one family at a time pass on values, beliefs and finances, that can be shared for generations to come.”
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