There are a number of unique planning issues facing international clients with assets and advisor(s) stationed abroad. Wilmington Trust’s Alvina Lo and Brian Oard joined industry thought leaders at the 2018 Hawaii Tax Institute Conference to discuss how global clients can navigate the various rules and regulations associated with cross border planning.
Cross Border Planning
A common misconception is that individuals who hold assets and/or accounts outside of the United States need not worry about American tax laws. Wilmington Trust’s chief wealth strategist Alvina Lo discredits this notion, explaining that clients with investments abroad can still find themselves subject to federal and/or state tax regulations in many instances.
Guiding Global Companies
Harumi Hata, a California-licensed lawyer with over 30 years of legal experience, explains why clients are seeking to diversify their business portfolio and business opportunities into different parts of the world, including the U.S. Among the topics covered by Harumi are how factors such as the choice of law, venue, state of formation/incorporation, and state of qualification can have an impact on business expansion considerations and the importance of carefully considering the various factors.
Please see important disclosures at the end of each video.
For more insights on the latest tax and wealth transfer developments, watch more video highlights from our conversations at the Hawaii Tax Institute Conference.