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Re: "To avoid this estate tax, one can own these US situs assets in a foreign trust or company rather than in their personal name. By doing so, the shares of the company or trust rather than the actual asset automatically pass to the beneficiaries, meaning there is no estate tax." My...

A LLC owned by NRA does not avoid US property taxes. This is a municipal tax. On the federal level the NRA shareholders can elect to have the LLC treated as a flow through entity and the earning on a stock account are taxed in the hands of the shareholders. No tax on capital gains and the rate...

Anyone care to offer insight into the pros and cons of a non-US person (non resident alien) using a US LLC as a flow through entity to hold assets with a US stock broker? I know a LLC will avoid US estate taxs and I believe (stand to be corrected) the double tax treaty benefits are still...

Hello Obelixtrader None of my beneficiaries are US person ie: not US citizens or US residents or US green card holders. I and all my beneficiaries have absolutely no connection to the US. As far as giving my family / beneficiaries info on how to access and/or close the account after my demise...

Hello: I reside in Mexico. I have a US stock brokerage account. As a non-resident alien I pay tax on US dividends and interest (no capital gains tax) at the reduced US-Mexico tax treaty rate of 15% and 10%. Mexico does not have an Estate or Inheritance Tax. However, the US applies an Estate...