Renouncing U.S. Citizenship: The Financial and Emotional Realities

Goldstein on Gelt

Το περιεχόμενο παρέχεται από το Douglas Goldstein and Douglas Goldstein | CFP® | Profile Investment Services. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Douglas Goldstein and Douglas Goldstein | CFP® | Profile Investment Services ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

2M ago 26:22

MP3•Αρχική οθόνη επεισοδίου

Thinking about renouncing your U.S. citizenship? It’s a decision that comes packed with complex financial and emotional considerations! Eli Clark, an international lawyer with a focus on cross-border estate planning, joins us to unpack the nuances. From untangling complicated banking woes to understanding the infamous exit tax, there's a lot at stake. We dive deep into what it really means to leave behind your U.S. passport—debunking myths and tackling big questions like, "Will I still get my Social Security?" or "What happens to my investments?" Don't make the leap without knowing all the facts (and a few surprises) that could impact your future.

Key Takeaways:

Renouncing your citizenship can free you from tax headaches, but there are big financial considerations to manage.
Learn how to dodge hefty estate and exit taxes with the right planning before you make any moves.
Even if you say goodbye to your passport, the U.S. might still have a claim on your assets. Know what to expect!

Want more insights? Head over to The Goldstein on Gelt Show blog for the full breakdown.

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