Business
Shannon McNulty, CFP® is an estate planning attorney and CERTIFIED FINANCIAL PLANNER™professional with a specialty in the multitude of sometimes mind-boggling and daunting issues that particularly affect foreign nationals in the field of estate planning, particularly those recently arrived and who may not be long term residents. Who is most affected? What are some of the truly catastrophic consequences of not fully understanding the rules? What, if anything can be done to prepare for these consequences? If you are moving, or have recently moved, to the United States, you need to do yourself a favor and listen to this podcast. www.mcnulty-law.com http://www.investopedia.com/advisor-network/articles/111616/financial-issues-foreign-nationals-working-us/ ** the podcast references an estate tax exemption of about $5.5m for US domiciles and $60k for non-domiciles, this has subsequently changed to $11.2m for US domiciles but is still $60k for non domiciles.