The Importance of International Tax and Estate Planning
The current global economic environment demands that legal, accounting and financial professionals be well versed in international tax and estate planning. Sound planning and creative structuring will potentially save clients millions in tax dollars and significant reporting obligations, as well as help clients avoid serious criminal consequences. The Long Island Branch of the Society of Trust and Estate Practitioners (“STEP”) was established to help promote a better understanding of sophisticated international tax, estate, and asset preservation planning. STEP has branches in over 65 countries with more than 14,000 members worldwide. STEP represents a brain trust of top practitioners and leaders from the world’s major trusts and estates jurisdictions.