Image

INTERNATIONAL ESTATE PLANNING BASICS

  1. Estate Tax Exclusion amount in 2009 available to a non US citizen who is a resident is $3,500,000.
  2. Estate Tax Exclusion amount in 2009 available to a nonresident noncitizen spouse limited to $60,000.
  3. Gift Tax Exclusion amount in 2009 available to a non US citizen who is a resident is $1,000,000.
  4. Gift Tax Exclusion amount in 2009 available to a nonresident noncitizen spouse is 0.00
  5. The Gift Tax Exemption for gifts to a non US citizen spouse is $133,000 of 2009 whether or not the spouse is a resident.
  6. If the surviving spouse is a non US citizen spouse whether or not the spouse is a resident, the unlim- ited marital deduction is not available, however, QDOT is available to both resident and nonresident.

To download this article, please click here.