Top 10 International Estate Planning Mistakes

Bilzin Sumberg's International Tax Breakfast Series

June 4, 2019

For access to the video, please email

During the most recent installment of the International Tax Breakfast Series, Hal Webb, Jennifer Wioncek, and Paul D'Alessandro, Jr., discussed some common mistakes in international estate planning.

The panel addressed 10 areas where such blunders are commonly observed: improper gifting methods, U.S. situs asset issues, failure to recognize community property assets and other joint ownership issues, pre-immigration planning blunders, foreign grantor trust issues, use of jointly settled trusts, PFICS and U.S. beneficiaries, failure to plan for basis Step-Up, compliance miscues, and failure to respect trust forms and planning structures.
These common slip-ups can cause unintended income tax problems if not taken into account at the proper time.

International Tax Breakfast Series

Topics like these are covered throughout the year in Bilzin Sumberg's International Tax Breakfast Series, featuring deep insights and discussions on specific themes in international tax and wealth planning.

Attendees include financial advisors, accountants, family offices, foreign attorneys, tax directors, and trust advisors who are working with multinational companies, closely-held businesses, and high net worth individuals engaged in cross-border business or investments.

Related Topics
Related Practices
Client Alert September 24, 2020
On September 21, 2020, the IRS finalized (with certain modifications) proposed regulations that had been issued last year regarding some of the unintended consequences of the downward attribution rules under Section 958(b), and issued another set of proposed regulations.