Estate and gift taxes revenues are expected to grow to USD 25 billion in 2021, up 39% from 2020, according to one report. This research case study provides planning strategies to help minimize income, gift, and estate taxes in cross-border exposure for non-U.S. persons buying real estate for a U.S. person. This case details the range of possibilities for a family of mixed citizenship (from the United States, the United Kingdom, and Taiwan) who desire to purchase residential property for a college-aged child who will be attending school in the United States. The case considers a variety of gifting strategies for families and evaluates tax implications for a non-U.S. person wishing to buy U.S. real estate.
Cross-border planning, international estate planning, gift tax planning, estate tax planning
This case was prepared for inclusion in SAGE Business Cases primarily as a basis for classroom discussion or self-study, and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be forwarded outside the university or used for other commercial purposes.
2023 Sage Publications, Inc. All Rights Reserved