Tax and Immigration Planning Part 3 “Pre Immigration Planning Strategies”

In Part Three, Greenspoon Marder attorneys Hector Chichoni and Ruben Gotlieb bring the conversation full circle, focusing on the critical steps individuals should take before establishing U.S. residency. This session highlights how proactive planning can significantly reduce future tax exposure and reporting burdens. Key strategies include establishing foreign or irrevocable trusts in advance, gifting assets prior to U.S. domicile to avoid transfer taxes, accelerating income recognition while still outside U.S. tax jurisdiction, and disposing of appreciated assets before becoming subject to U.S. taxation. The discussion also explores how life insurance, foreign accounts, and reporting obligations such as FBARs can dramatically change once residency begins.

The session underscores the importance of aligning immigration and tax planning to avoid unintended consequences. From restructuring foreign business interests and evaluating entity classifications to understanding trust design and estate tax implications, the speakers emphasize a coordinated, cross-disciplinary approach. Ultimately, this final installment demonstrates how thoughtful pre-immigration planning not only protects wealth but also ensures a smoother transition into U.S. compliance, benefiting individuals and their families for generations to come.

If you have any questions or would like to connect with our speakers, please feel free to reach out to Hector and Ruben directly at the following:

• [email protected] or call (305) 789-2744
• [email protected] or call (305) 789-2785

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Featured Speaker:

• Hector Chichoni, Partner, Immigration & Naturalization Practice Group, Greenspoon Marder
• Ruben Gotlieb, Partner, International Wealth and Asset Planning and Wills, Trusts & Estates practice groups, Greenspoon Marder

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Learn more about Hector Chichoni and the Immigration & Naturalization Practice group at:

• https://www.gmlaw.com/attorneys/hector-a-chichoni/
• https://www.gmlaw.com/immigration-naturalization/

Learn more about Ruben Gotlieb, International Wealth and Asset Planning, and Wills, Trusts & Estates Practice Group at:

• https://www.gmlaw.com/attorneys/ruben-n-gotlieb/
• https://www.gmlaw.com/international-wealth-asset-planning/
• https://www.gmlaw.com/private-client-services/wills-trusts-estates/

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This Greenspoon Marder LLP content is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.