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Coming to AmericaComing to America

Practitioners face some legal and financial planning challenges when advising immigrant clients.

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Steve Maggi, Jay Scheidlingerand 1 more

July 20, 2017

14 Min Read
0817-shenkman

Immigration is a hot topic in the news these days. There’s discussion of travel bans, security concerns and increased scrutiny on new immigrants. Immigration has always been a major source of population growth in the United States and, regardless of how the current issues are ultimately resolved, will continue to be in the future. According to American Community Survey data from 2015, the immigrant population in the United States is currently over 43.3 million people, which represents 13.5 percent of the total U.S. population.1 In the year 2015 alone, 1.38 million foreign born individuals moved to the United States, a 2 percent increase from the prior year.2 The consistent inflow of immigrants from all over the globe contributes to the c...

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About the Authors

Steve Maggi

Attorney, SMA Law Firm

Steve Maggi is an attorney at SMA Law Firm in New York City.

Jay Scheidlinger

Tax Director, CohnReznick

Jay Scheidlinger is a tax director at CohnReznick in New York City.

Jonathan I. Shenkman

President, Shenkman Wealth Management

Jonathan I. Shenkman, President, Shenkman Wealth Management.