Bridging the Pacific: Crafting Tax-Smart Aussie Estates for US Beneficiaries

In this webinar, Renuka Somers of Somers Tax Law, PLLC and Arete Wealth Strategists Australia Founder/Principal Ashley Murphy, GFP Fellow CFP® will discussed the following topics;

- Understanding the Australian Estate Tax System: An overview of how estates are taxed in Australia and key differences from the US system

- Australian Tax Implications When Inheriting Australian Assets for US Beneficiaries: Exploring the potential tax liabilities and reporting requirements for US heirs receiving Australian inheritances. Case Study of the Webb’s: 3 children with varying legal status

- Strategic Estate Structuring: Techniques for setting up Australian estates to minimize tax burdens on both sides of the Pacific.

- Tax Compliant Cross-Border Trusts: How to leverage trusts to optimize tax efficiency and asset protection for cross-border inheritances.

- US Trust with US Citizen and Australian Resident Beneficiaries: Consequences for grantors and beneficiaries

I hope you can join us!

You can find all our past webinars on our YouTube channel here.

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**Disclaimer:** The content covered in this webinar is for general informational purposes only. The concepts discussed in this webinar are complex and the content has been simplified for discussion purposes. The information contained in this webinar and associated material is not intended to constitute legal advice, or to recommend a course of action to any individual, and does not create an attorney-client relationship between a webinar attendee and Renuka Somers Esq., or Somers Tax Law, PLLC.

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