Cross-border estate and gift tax planning presents unique challenges due to varying residency, domicile, and tax treaty considerations. This course provides a comprehensive overview of U.S. estate and gift tax implications for non-resident aliens, resident aliens, and U.S. citizens with foreign assets or beneficiaries. Participants will gain insight into estate tax exemptions, gift tax exclusions, planning strategies for non-citizen spouses, trust structures, and tax-efficient wealth transfer techniques. The session will also cover FIRPTA regulations, Qualified Domestic Trusts (QDOTs), and the impact of tax treaties on cross-border planning.
Differentiate between residency and domicile for U.S. estate and gift tax purposes and analyze their impact on tax liability
Identify key U.S. estate and gift tax exemptions, deductions, and exclusions available to non-resident aliens and resident aliens
Evaluate tax planning strategies for non-citizen spouses, including the use of Qualified Domestic Trusts (QDOTs) and marital deduction limitations
Outline the implications of FIRPTA on foreign individuals holding U.S. real property and develop strategies for tax-efficient property transfers
Describe tax treaty provisions to mitigate double taxation and optimize cross-border wealth transfers
Falcon Rappaport & Berkman PLLC
Vice Managing Partner
[email protected]
(516) 558-3377
Matthew E. Rappaport concentrates his practice in Taxation related to Real Estate, Corporations, Partnerships, and Trusts & Estates. He advises clients regarding tax planning and structuring for generational wealth transfer, commercial real estate enterprises, business transactions, and cross-border considerations. He primarily advises real estate professionals, financial professionals, and closely-held business owners. He also functions as a subcontractor for other attorneys, accountants, financial advisors, bankers, and insurance professionals when they encounter matters requiring a threshold level of tax law expertise.
Mr. Rappaport graduated from Washington University in St. Louis in 2007, cum laude, with an undergraduate degree in Political Science. His undergraduate thesis was a cross-sectional analysis of the corporate culture of the privately held financial firm Edward Jones. He received his Juris Doctor and Master of Laws in Taxation from Georgetown University Law Center in 2011. Mr. Rappaport is licensed to practice in New York. He is an active member of the Nassau County Bar Association, the New York State Bar Association, and the American Bar Association. He was the Co-Vice Chair of the Tax Committee of the Nassau County Bar Association from June 2015 until June 2016.
He serves on the Sales, Exchanges, and Basis Committee of the American Bar Association Section of Taxation. Mr. Rappaport has authored articles for the Nassau Lawyer, Thomson Reuters’ Journal of Real Estate Taxation, The Tax Adviser, Bloomberg BNA’s Tax Management – Real Estate Journal, and the Journal of Taxation of Investments. He has spoken at the request of the American Bar Association, the National Conference of CPA Practitioners, the Financial Planning Association, Strafford Publications, the School of Accounting at LIU Post, and a wide variety of law, accounting, and wealth advisory firms. He is a founder of the young professionals networking group Hydra Collective.
Falcon Rappaport & Berkman PLLC
[email protected]
(212) 453-9889
Priya Prakash Royal, Esq., LL.M., MBA, AEP, TEP practices in international taxation, cross-border trusts and estates, and multinational private client practice. With a distinguished career that began in 2006, she has also served as an Estate Tax Attorney at the IRS, where she audited billionaire estate and gift transfers. Priya is admitted to practice in the District of Columbia, New York, New Jersey, Pennsylvania, and Maryland.
Priya’s focus includes tax strategy, charitable planning, multinational estate and asset protection planning, and digital-era compliance. She holds the TEP (Trusts & Estate Practitioner – International) and AEP (Accredited Estate Planner) designations, which reflect her high standards in the field.
CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222
CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.
CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222