Jason Palmisano talks about estate planning for U.S. residents

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• US Resident is entitled to 5.45 million dollars free from US Estate tax

• Many factors take place into creating an estate plan for a US resident

• If you are a US resident and your spouse is a US citizen, then you can leave your entire estate and unlimited amount to your US citizen surviving spouse free from estate tax

• If your surviving spouse is not a US citizen, then you will be subject to See more +

• US Resident is entitled to 5.45 million dollars free from US Estate tax

• Many factors take place into creating an estate plan for a US resident

• If you are a US resident and your spouse is a US citizen, then you can leave your entire estate and unlimited amount to your US citizen surviving spouse free from estate tax

• If your surviving spouse is not a US citizen, then you will be subject to some limitations

• In a QDOT trust, the assets can be held for your spouse for his/her lifetime See less -

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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