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Video Title: Estate Tax Mitigation and Wealth Preservation Strategies for Exiting Australia / US Entrepreneurs Tax Mitigation Australia / US Entrepreneurs Description: In this webinar, Arete Wealth Strategists Australia Founder/Principal Ashley Murphy, CFP® GFP Fellow delve into advanced strategies for exiting Australian business owners navigating U.S./Australian cross-border wealth management. Some of the relevant issues that were addressed include: Estate Tax Mitigation Strategies Domicile Considerations: Understanding how domicile affects U.S. estate tax liability for Australian residents with U.S. assets, and strategies to manage domicile status. Navigating the $13.99M US estate tax exemption (IRC §2010) for non-domiciled Australians and Utilizing Foreign Tax Credits: Exploring how tax treaties between the U.S. and Australia can help reduce estate taxes by allowing credits for taxes paid in Australia, even though Australia does not have estate taxes. Irrevocable life insurance trusts (ILITs), GRATs, and CRTs in cross-border contexts Pitfalls of Australian testamentary trusts under US tax code Asset Protection Trusts: Examining the use of asset protection trusts in both Australia and the U.S. to shield assets from creditors and potentially reduce estate tax liabilities. Impact of U.S. Tax Reform: Addressing potential changes in U.S. estate tax laws and how they might affect Australian business owners with U.S. assets. Post-Exit Wealth Preservation State-specific residency planning: (No-income-tax jurisdictions vs. California’s 13.3% rate). Beyond California, discussing other U.S. states with favorable tax environments for wealth preservation, such as Florida or Texas Philanthropic Strategies Beyond DAFs: Exploring other philanthropic vehicles, such as charitable remainder trusts (CRTs), that can provide tax benefits while supporting charitable causes Tax-Efficient Investment Strategies: Discussing investment strategies that minimize tax liabilities in both the U.S. and Australia, such as using tax-loss harvesting or Direct indexing Cross-Border Retirement Planning: Exploring how to optimize retirement savings across borders, including the use of U.S. IRAs and Australian superannuation funds International Asset Allocation: Considering how to allocate assets globally to maximize returns while minimizing tax exposure in both countries. We hope you enjoy! ========================================================================== ✅ Other Videos You Might Be Interested In Watching: ✅ The “Living Between Two Countries - Our US Australia Experience! (Part 6) 🧡 • Living Between Two Countries - Our US Aust... ✅ The “One Big Beautiful Bill”: What It Means for Australians in the US and Americans in Australia 🧡 • The “One Big Beautiful Bill”: What It Mean... ✅ Navigating the Trump Tariff Storm: What Australian Investors Need to Know Now 🧡 • Navigating the Trump Tariff Storm: What Au... ✅ The HEART Act & the US Exit Tax - A 2025 Update 🧡 • The HEART Act & the US Exit Tax - A 2025 U... ✅ Social Security Changes in 2025 - What Americans in Australia or Australians in America Need to Know 🧡 • Social Security Changes in 2025 - What Ame... ✅ Brave New World: Tax and Investment Changes Affecting Expats under the New Administration 🧡 • Brave New World: Tax and Investment Change... ✅ The Comprehensive Departure Planning Guide for those Planning their Australian Move 🧡 • The Comprehensive Departure Planning Guide... ========================================================================== Relevant Tags: estate tax mitigation, wealth preservation strategies, estate planning, tax planning, long-term investing, tax mitigation strategies, entrepreneur tax planning, exit planning for entrepreneurs, expat wealth management, leaving the US tax, high net worth planning, offshore tax planning, wealth management, global tax strategy, tax residency planning, international estate planning, long-term investing, ========================================================================== Relevant Hashtags: #EstateTax #TaxMitigation #WealthPreservation #EstatePlanning #TaxPlanning #WealthManagement #InternationalTaxPlanning #ExpatTax #GlobalTaxStrategy #EntrepreneurFinance #EntrepreneurWealth #HighNetWorth #USAustraliaTax ========================================================================== Areté Wealth Strategists Australia @aretewealthstrategistsAU