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Course Details

Course Information
  • smart_display Format

    Live Online with Live Q&A

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Estate Planning

Date & Time
  • event Date

    Thursday, October 16, 2025

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    90 minutes

Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

Early Bird Pricing!
MSRP
$297.00
$247.00
Save $50.00

Discount expires 8/6/25

This course is $0 with these passes:

CLE
CPE
ALL

This CLE/CPE webinar will provide estate planners with an in-depth analysis of available estate planning techniques for international families in light of the One Big Beautiful Bill Act (OBBB). The panel will discuss legal challenges; the impact of new U.S. tax law changes; transfer tax planning; and methods in managing foreign business interests, investments, and unreported income or accounts; and other complexities involved when a U.S. taxpayer has a foreign spouse or direct family member owning foreign or inbound-U.S. assets amid 2025 tax law changes.

Faculty

Scott J. Bakal
Shareholder
Greenberg Traurig LLP

Mr. Bakal develops tax-planning strategies for closely held family businesses, partnerships, and publicly held corporations with significant domestic and international operations. He works closely with high- and ultra-high-net-worth individuals and entrepreneurial companies to develop elegant, tax-sensitive approaches to their complex business transactions, financial situations, estate planning matters, and real estate investments, as well as to pursue tax efficiency throughout their operations. Mr. Bakal advises foreign individuals and families seeking to benefit from advantageous tax structures by migrating their investments and assets to the United States. He designs integrated strategies to encompass the complex components of both international and domestic tax planning. Mr. Bakal continuously monitors the tax planning landscape for new, compliant approaches that can be implemented with the goal of minimizing his clients’ liabilities to the full extent allowable under the law.

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Description

Many U.S. citizens and permanent residents have non-U.S. spouses or family members or property interests abroad; likewise, many non-U.S. citizens/non-U.S. residents have U.S. property interests or U.S. family members. Under current U.S. tax law, estate planning can create some specific complications for international families; however, more issues are presented by the OBBB.

U.S. tax rules for estate, gift, and generation-skipping transfer taxes may offer gift planning opportunities. In contrast, some rules for the income taxation of corporations and partnerships may impact how investments are structured. Also, holding business and investment assets through foreign corporations may subject U.S. shareholders to additional tax liability.

On May 22, 2025, the U.S. House of Representatives passed the OBBB, which includes extensions and expansions to the 2017 Tax Cuts and Jobs Act, as well as other provisions that impact estate and income tax planning.

Estate planning for international families must consider which countries' laws govern the disposition of assets, as well as the income, estate, and gift tax treatment of specific transactions, including the interaction of multiple tax regimes in light of pending U.S. tax reform.

Listen as our experienced panel guides attendees on how to plan the estates of clients with interests in foreign business entities, real estate, and financial accounts in light of pending U.S. tax reform. The panel will cover the legal and tax considerations when planning for the disposition of each type of asset and the implications of U.S. tax law.

Outline

I. Implications of the OBBB on international estate planning

II. Estate planning tax and legal issues for business interests in the international context

A. Corporations

B. Debt instruments

C. Intangibles

D. Partnerships and LLCs

E. CFC rules

III. Wealth planning: gifts, bequests, and trusts for U.S. clients with assets abroad/non-U.S. clients with U.S. assets

A. Gifts of money

B. Dynasty trusts

C. Foreign grantor trust rules

D. Non-grantor trust rules

E. Real estate

Benefits

The panel will review these and other key issues:

  • Impact of the OBBB on international estate and tax planning
  • Potential legal and tax pitfalls when planning for the disposition of a U.S. client's financial and real property interests abroad and a non-U.S. client's interests in the U.S.
  • The impact of situs rules on gifts and bequests by non-U.S. citizens/non-U.S. residents, including the disposition of interests in real property, business entities, and debt instruments, and issues involved in converting assets to "intangible" interests
  • U.S. tax reporting and compliance issues relating to the disposition of interests in business entities, real property, and financial accounts in the international context
  • Benefits and pitfalls of U.S. or foreign grantor or non-grantor trusts for cross-border estate planning, including potential uses of "dynasty" trusts

NASBA Details

Learning Objectives

After completing this course, you will be able to:

  • Understand key tax provisions of the OBBB on international estate and tax planning
  • Identify tax pitfalls when planning for the disposition of a U.S. client's financial and property interests abroad and a non-U.S. client's interests in the U.S.
  • Recognize the impact of situs rules on gifts and bequests by non-U.S. citizens/non-U.S. residents
  • Understand the U.S. tax reporting and compliance requirements for the disposition of interests in business entities, real property, and financial accounts in the international context
  • Recognize the benefits and pitfalls of U.S. or foreign grantor or non-grantor trusts for cross-border estate planning



  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of estate, gift and trust taxation including various trusts types, the unified credit, and portability.

Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.