Multistate and Multinational Guide to Estate Planning analyzes the legal aspects of individual wealth transfers across state and national boundaries. In addition, the Guide seeks to develop workable strategies for the attorney involved with a multijurisdictional client. Planning is a central concern of Multistate and Multinational Guide to Estate Planning.
The set is divided into six parts. The first is an overview of the topic. Part II is concerned with professional issues, particularly malpractice problems across state and national lines. Part III investigates the ties that influence which law is chosen to resolve legal questions that arise in the multijurisdictional setting. Part IV addresses specific restrictions on testamentary freedom. Part V deals with the intricacies of choice of law involving wills, trusts and estates. Part VI addresses tax matters at the multistate and multinational levels.
This edition of Multistate and Multinational Estate Planning covers the legislative, regulatory and judicial developments that are of most importance to estate planners and their clients.
Topics and Contents
Volume 1
Objective and Organization
Worldwide Wealth Transfer and Its Regulation
Some Basic Principles of Multijurisdictional Estate Planning
Legal Malpractice Across State and National Borders
The Unauthorized Practice of Law in a Foreign Jurisdiction
Professional Responsibility
The Role of State and National Affiliations in Multijurisdictional Estate Planning: Domicile and Residence
Estatblishing Domicile
The Role of State and National Affiliations in Multinational Estate Planning: Domicile, Residence, and Nationality
Marital Rights, Protections, and Agreements
Intestate Succession
Rights of Children
Other Restrictions on and Substitutes for Testamentary Disposition
The Will in Multistate Estate Planning
The Role of the Will in the Multinational Estate
The Administration of Multistate and Multinational Estates
The Trust in Multistate Estate Planning
Trusts in Multinational Estate Planning
Volume 2
State Taxation of Multijurisdictional Estates and Trusts
International Aspects of Federal Estate, Gift, and Generation-Skipping Transfer Taxation of Citizens, Domiciliaries, and Nondomiciliary Aliens
United States Inheritance, Estate, Death, and Gift Tax Conventions: Overview and Individual Convention Analysis
Multijurisdictional Income Tax Considerations for Estates and Trusts
Appendices
Appendix A Formal Will Requirements
Appendix B Nonresident Individual and Corporate Qualification As a Fiduciary
Appendix C State Gift, Estate, Inheritance, and Generation-Skipping Transfer Taxes
Appendix D Relevant Nontax, Bilateral Treaties, and Conventions of the United States
Appendix E United States Income Tax Conventions
Appendix F United States Inheritance, Estate, and Death Tax Conventions
Appendix F1 Tax Exchange of Information Agreements
Appendix F2 Social Security Agreements
Appendix G United States Gift Tax Conventions
Appendix H Inheritance, Estate, and Death Tax Conventions Between Foreign Countries
Appendix I Country-By-Country Summaries of Death and Gift Taxes
Appendix J State and Federal Regulation of Alien Rights With Regard to Inheritance, Property, and Serving in a Fiduciary Capacity
Appendix K Bonding Requirements of the Several States
Appendix L Status of Varius Multilateral Conventions
About the Author
Multistate and Multinational Estate Planning
Jeffrey A. Schoenblum, Centennial Professor of Law at Vanderbilt University, is a graduate of the Johns Hopkins University and Harvard Law School, where he was a Note Editor of the Harvard law Review. After law school, he served as a clerk for Judge J. Edward Lumbard of the U.S. Court of Appeals for the Second Circuit and then was an associate with the New York law firm of Wilkie Farr & Gallagher.
Professor Schoenblum is the author of a number of books and articles and has spoken at numerous seminars, including the University of Miami Annual Institute on Estate Planning and, most recently, the Southern Federal Tax Institute. He is an academician of the International Academy of Estate and Trust Law and a fellow of the American College of Estate and Trust Counsel. He has served as Chariman of the ABA Real Property, Probate, and Trust Law Section's Committee on International Property, Estate and Trust Law.