Connors & Sullivan attorneys at law, pllc
Tell Us About Your Estate Planning Needs:
718-414-6209

If you are moving outside the U.S., consider these tips

Many Americans choose to work or to retire in locations outside the borders of the United States. Whether you are a Midwesterner seeking warmth in the Caribbean or a New Yorker seeking peace in rural Italy or France, it is important to take a few estate planning steps before you leave the country for an extended period of time.

First, it is important to meet with your attorney in order to review your estate plan before you move. Although you may have crafted your estate plan with American laws in mind, your documentation will generally be subject to local foreign laws in the event that something happens to you while you are gone. However, your estate will remain subject to U.S. tax laws, so it is vital that you discuss the intersection of these two governing sets of regulations with your attorney. Understanding what the consequences of your situation may be will help you to anticipate any changes that may need to be made in advance of your journey.

Second, it is important to familiarize yourself with the laws that may govern your estate abroad in the event that you should die while residing outside the U.S. Similarly, you should understand how your end-of-life and power of attorney documentation will be received should you become incapacitated while overseas. Although understanding these potential scenarios may not change your move-related plans, they may influence the ways in which you approach certain legal and practical decision making now and into your near future.

Source: The Wall Street Journal, “6 Estate-Planning Tips for U.S. Expats,” Jonathan Lachowitz, March 25, 2015

No Comments

Leave a comment
Comment Information
Your Trusted Guides For Every Stage Of Life And Every Step
Of The Estate Planning Process
EMAIL US FOR A RESPONSE

Set Up Your Free Consultation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Connors & Sullivan attorneys at law, pllc

We have office locations in Brooklyn (Bay Ridge), Manhattan (Midtown) and Queens (Middle Village, Bayside).

Explore our map to find the location nearest to you, or see our full list of locations below. We look forward to hearing from you.

Brooklyn Office
7408 Fifth Avenue
Brooklyn, NY 11209

Phone: 718-414-6209
Fax: 718-238-2616
Brooklyn Law Office Map

Bayside Office
200-20 Northern Boulevard
Bayside, NY 11361

Phone: 718-414-6209
Phone: 718-225-7200
Bayside Law Office Map

Middle Village Office
79-43 Metropolitan Avenue
Middle Village, NY 11379

Phone: 718-414-6209
Middle Village Law Office Map

Staten Island Office
1250 Hylan Boulevard
Staten Island, NY 10305

Phone: 718-414-6209
Staten Island Law Office Map

New York Office
880 Third Avenue
New York, NY 10022

Phone: 718-414-6209
Phone: 212-737-2700
Phone: 212-235-1339
Map & Directions