Geographic Solutions

In March of 2013, Life & Health Advisor published Russell Towers’ article “ Geographic Solutions”. If you have ever found yourself dealing with clients who are not U.S. citizens, then you may have hoped there was a simpler way to categorize their legal status when planning for U.S. estate taxes. In this article, Towers explains that a person can only fall within one of three legal status categories at a given time and gives the requirements for each: U.S. Citizen, U.S. Resident Alien, or Non-Resident Alien.
To read more Download the PDF version here or read it online.