Financial Planning Considerations of Mixed Nationality Couples

This session will review the issues facing mixed nationality couples where one spouse or partner is a U.S. person (citizen or green card holder) and the other spouse or partner is a non-U.S. tax resident (aka “nonresident alien”). The major issues and considerations include legal versus tax residency;tax treatment of non-U.S. citizens; situs of assets; source of income; consequences of being a U.S. tax resident; the two major decisions that need to be made by such couples; identifying the various strategies that mixed nationality couples might use to mitigate income; and estate tax liabilities from the U.S. side.

Learning Objectives:

1. Learn key definitions and concepts regarding issues facing mixed nationality couples
2. Understand the two major decisions that need to be made by such couples 
3. Determine various strategies that mixed nationality couples might use to mitigate income and estate tax liabilities from the U.S. side