Planning for Foreign Nationals Living in the U.S.

When close family members live in another country, planning for an emergency or a tragedy takes on added importance – and added complexity. It’s not easy to think about, but if something happened to you while you are in the United States, what effect would that have on those you leave behind?

Cross-border family ties, as well as owning assets in multiple countries, can complicate matters in the case of a death or disability. Questions as to who would have custody of your children and who inherits your assets can implicate laws in multiple jurisdictions. This complexity can result in delays, headaches, and increased taxes for your loved ones.

If all of this sounds like a bureaucratic nightmare, it is. But don’t worry. By planning in advance, you can avoid this entire process and make things much easier for your loved ones.

 

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