Category: Australia
The Australian Community- Asena Advisors TAX interview
An interview by The Australian Community, a 501 C-3 public charity, with Peter Harper, our CEO and managing director, as well as Renuka Somers, our...
Read moreOpportunities amidst the chaos: protecting your family and your business
People becoming ill, a falling stock market, borders being closed, businesses being shut or operating on a lower capacity, business valuations declining, lower liquidity…. This...
Read moreIssues with jointly held assets
A “U.S. person” (citizen or green card holder) is subject to estate and gift taxes on their worldwide assets – i.e. regardless of whether the...
Read moreWhere are you “domiciled” and how does this affect your Estate?
The concept of “domicile” is critical in determining U.S. estate tax liability as property located outside of the U.S. and owned by a non-resident, non-US...
Read moreWhat is the generation-skipping transfer tax (GSTT)?
Generation-skipping transfer tax (GSTT) is imposed by the Internal Revenue Code (sections 2601 to 2664) at the Federal level as an estate tax anti-avoidance measure...
Read moreWhich U.S. States impose Estate and Inheritance Taxes?
Some U.S. States impose their own estate and inheritance taxes. It is important to note that these taxes apply in addition to any Federal estate...
Read moreU.S. tax implications with Australian inter vivos and testamentary trusts
It is common for Australian estate planning purposes, to plan for the succession of control of an inter vivos trust either by Will or by...
Read moreU.S. Citizens with non-U.S. citizen spouses
It is not uncommon for a U.S. citizen to have a non-U.S. citizen spouse. However, U.S. tax law treats non-U.S. citizen spouses (even if they...
Read moreShould you have an “International Will”?
If you have assets in two or more jurisdictions, an “International Will” could make your estate planning simpler as it would extend to the assets...
Read moreIncapacity – who would manage your interests in two (or more) countries?
If you are mentally incapacitated and unable to make decisions for yourself, or if you are unable to attend to decision making and document signing...
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