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Professionals who engage in international estate planning faced growth and change in 2019, thanks to increasingly global clients and the Tax Cuts and Jobs Act (TCJA). Here’s a rundown of some of the significant developments.
Growth in Professional Practice
The biggest change in international estate planning in 2019 has been growth in this area of professional practice. Families are becoming increasingly global, so they’re encountering more international estate-planning challenges and opportunities. Meanwhile, governments are gathering more information about assets and financial activity within their borders, and they’re sharing this information with other governments worldwide. This process of gathering and exchanging information has been ...
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