Concerns about a reduction in the U.S. Estate and Gift Tax exclusions? Make a gift now to benefit from historical exclusion levels.
The U.S. Treasury provided clarity for estate planners and their clients by issuing regulations that confirm that individuals who make gifts now...
The Curtailing of Stretch IRAs
Effective January 1, 2020, the use of IRAs as an instrument for passing a stream of income tax free or tax deferred withdrawals will be limited to ten...
German Gift Tax on Distributions from a U.S. Trust to a German resident Subsequent to an Election under Art. 12 para 3 of the Germany-U.S. Estate and Gift Tax Treaty
On March 6, 2019 the Ministry of Finance of Brandenburg published a binding decision on the taxation of distributions from a U.S. trust subsequent to...
German Federal Fiscal Court Ruling on Taxation of Distributions from a Foreign Family Foundation and a Foreign Trust
In its decision dated July 3, 2019, the German Federal Fiscal Court (Bundesfinanzhof) held that distributions from a foreign family foundation...
German Inheritance Tax: Personal Tax-free Exemptions 2019
Personal Tax-free Exemption for 2019
The personal tax-free exemption (Freibetrag) depends on the familial relationship between deceased and...
German Inheritance Tax Rates 2019
The German inheritance tax rates depend on a) the tax class and b) the value of the taxable acquisition of the beneficiary.
Determination of the...
Taxation of Distributions from an 401(k) to an individual Resident in Germany
In its decision dated August 9, 2018, the Fiscal Court of Cologne (Finanzgericht Köln) held that for German residents taxation should be limited to...
Estate Tax: Effect of the Tax Cut and Jobs Act on German Domiciliaries
On December 22, 2017, Public Law 115‑97 ("Tax Cuts and Jobs Act") was enacted. Sec. 11061 of the Act more than doubles the estate and gift tax...
U.S. Tax Court: German Who Gave Up U.S. Residency Liable for Exit Tax
The case involved a German national, Mr. Topsnik. Mr. Topsnik was born in Germany and moved to the U.S. obtaining a green card and residency status in...
Glossary of inheritance law with links to further information
Related articles
- Germany-U.S. Estate and Gift Tax Treaty
- Germany-U.S. Income Tax Treaty
- Recognition of a Will executed under the laws of California in Germany
- Taxation of the Estate of Nonresidents under U.S. Domestic Law
- Administration of a U.S. Domiciled Decedent’s German Assets by a U.S. Personal Representative
- Determination of the Law Applicable to German-Californian Estate Matters
- Durable Executor
- U.S.-Trusts in German-American Estate Planning
- German Inheritance Tax
- Taxation of Capital Gains on Sale of Real Property situated in Germany and German-American Estate Planning
- Probating German Wills in California
- Taxation U.S. Citizens/Residents of Rental Income Derived from Real Property Located in Germany
- Real Property Capital Gains Taxation for Non-Resident Aliens Residing in Germany
- Taxation of Rental Income Derived from Real Property located in the U.S. for Non-Resident Aliens Residing in Germany
- Trust Quaterly Review: Election Fever
- STEP Journal: "A turn for the wurst"
- Gifts from Abroad to U.S. Persons
- Probate and Estate Planning in California: Issues Associated with Alzheimer’s disease and Dementia
- Intestate Succession in Germany
- The Impact of Community Property on Inheritance Matters
- Intestate Succession and California
- Mixed Marriages: U.S. Tax Implications for U.S. Citizens Married to German “Aliens”
- Mental Incapacity and Will Contests in Germany
- Taxation of Distributions from an inherited IRA to a person Resident in Germany
- Living will, Durable power of attorney and appointment of custodian in Germany
- Wills in Germany
- Preliminary and Subsequent Heirs under German Law
- Forced Heirship under German Law
- Taxation of the Estate of Non-resident US-citizen in Germany
- U.S. Federal Estate Tax on the U.S. Estate of German Citizen resident in Germany
- Decisions of European Court of Justice on Inheritance Tax
- German Certificate of Inheritance
- The Administration of a U.S. Domiciled Decedent’s German Assets
- Taxation of U.S.-Trusts under the German Inheritance and Gift Tax Act
- USA: Estate Tax treaties
- Recognition of a German Will in California as regards to Form
- Spanish Inheritance Tax