Handling an inheritance abroad can be a complex and often overwhelming process for American beneficiaries. At , Attorneys at Law, we have spent over 20 years guiding clients through the intricacies of international inheritance and probate...
Trust, Estate Planning, and Probate
International Heirs and U.S. Inheritance: How Urban Thier & Federer Assists Foreign Beneficiaries in U.S. Probate Matters
Inheriting assets in the United States as a foreign heir or beneficiary can present unique legal and financial challenges. The complexities of U.S. probate law, differences in legal systems, and potential tax implications require the guidance of experienced...
Tax Planning For Non-U.S. Citizen Beneficiaries: Should You Establish A Qualified Domestic Trust?
In U.S. estate law, the unlimited marital deduction allows assets to pass from one spouse to another without estate tax implications. However, this deduction only applies if the surviving spouse is a U.S. citizen. In the case of the surviving spouse not being a U.S....
Understanding German Inheritance Tax: A Guide for Foreign Heirs
German Inheritance Tax, known as "Erbschaftsteuer," is a crucial consideration for those who are recipients of German assets due to a person's passing. This tax, specific to Germany, is applicable to individuals receiving inheritances, whether they are legal heirs,...
Navigating Cross-Border Inheritance: Urban Thier & Federer’s Expertise Unveiled
In a globalized world, the intersection of legal systems can be intricate, especially when it comes to inheritance matters spanning across countries. For the past two decades, , a well known German-American law firm with offices in the U.S....
Inheriting in Germany as a Foreigner: A Guide to the Unique Process
Inheriting assets in a foreign country can be both a complex and emotional experience. Germany, with its robust legal framework and specific regulations, has a particular process for foreigners inheriting assets within its borders. In this blog, we'll delve into how...
A handy checklist for estate planning guidelines
At some point, estate planning becomes essential for most adults. The process differs among individuals depending upon such factors as having children, owning a business and wanting to pass on a legacy. Many of the steps, though, remain true for most people looking to...
How a special needs trust can benefit your child’s future
Caring for your child with special needs may extend throughout your adulthood. When parenting a child with special needs, there is a high probability he or she may outlive you. If you are your child's caregiver, you have to make decisions on behalf of your kid's...
Do you need a succession plan and an estate plan?
A succession plan gives you leverage to control the leadership strategy of your company. An estate plan allows you to clarify the distribution and use of your hard-earned assets. Both resources can provide critical support as you plan for your future. Coordinating...
What are the specific grounds for contesting a will?
When a person dies, his or her last will and testament helps survivors to determine what to do with the deceased person’s belongings. In some cases, survivors may not agree with what was written in the deceased person's will. New York and other states provide...