Dangerous Liaisons

Dangerous Liaisons

Beware of creating trusts for U.S. citizens residing in France

If a U.S. citizen woman with an estate of $15 million marries a man who’s a non-U.S. citizen, her U.S. estate-planning lawyer would typically advise her to leave her assets in the form of: (1) a credit shelter trust (CST), currently in the amount of $5.43 million, for the benefit of her husband and possibly their children; and (2) the balance in a qualified d

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