Estate Administration with Overseas Beneficiaries - Managing Risk & Complexity

Introduction

The estate administration process can be challenging for executors under normal circumstances.

Complexity in estate administration can be further exacerbated where overseas beneficiaries are involved.

This short webinar will address steps that executors and their advisers should consider and measures that need to be implemented in order that risk is mitigated to the greatest extent where overseas beneficiaries are involved.

The webinar is suitable for both lay and professional executors and those that advise on estate administration.

What You Will Learn

This webinar will cover the following:

• Verification of the identities of overseas beneficiaries
• Obtaining instructions
• Bankruptcy searches for overseas beneficiaries
• Tax implications for non-resident beneficiaries
• The impact of the new residence-based tax legislation on overseas-based beneficiaries
• Distribution of assets to overseas beneficiaries
• Cross-border succession planning issues (including heirship provisions)