The estate administration process is complex. When foreign beneficiaries are involved the process becomes even more complicated. At the law office of M. Bradford Randolph, Esq., PLLC, we help foreign beneficiaries protect their financial and property interests during the U.S. probate process. We also assist U.S.-based personal representatives, or executors, when the probate administration process involves foreign beneficiaries.
Located in the heart of New York, NY, in Rockefeller Center, attorney Brad Randolph represents individual beneficiaries, trustees and personal representatives both in the U.S. and abroad.
U.S. Probate Law and International Probate Law
The world is increasingly global in nature. As such, it is very common for a deceased individual to have family in another country. When property or money that is based in the U.S. is bequeathed to an individual abroad, proving his or her right to inherit can be complex.
- If your U.S.-based relative passed away, it is important to hire a lawyer who is experienced in probating estates that include foreign beneficiaries.
- At the law office of M. Bradford Randolph, Esq., PLLC, we understand the interplay of U.S. and international probate laws. For more than 10 years, attorney Brad Randolph has assisted U.S.-based personal representatives and foreign beneficiaries when the probate administration process contains a foreign element.
- Mr. Randolph assists clients with everything from identifying, locating and notifying foreign beneficiaries to helping foreign-based individuals protect their financial and property interests in the U.S. Attorney Randolph also has extensive experience in helping beneficiaries to locate hard-to-find assets.
Global Estate and Income Tax Consequences
The tax implications of U.S. estates with foreign beneficiaries must be closely examined. When transfers occur in the U.S., the taxation consequences may be clear-cut. However, when money and property are transferred to individuals abroad, careful planning is necessary to minimize the tax impact to both the decedent's estate and the foreign beneficiary.
At the law office of M. Bradford Randolph, Esq., PLLC, we focus on tax law. Attorney Brad Randolph is an experienced tax attorney. For more than 20 years, he has been helping clients manage their tax liabilities in the U.S. and overseas. He works closely with clients to ensure probate transfers are made in the most tax-efficient manner possible so as to avoid double taxation and minimize the U.S. tax liability of both the estate and the foreign beneficiary. As an attorney and a CPA, attorney Randolph also has experience in preparing federal and state estate tax returns.
Contact M. Bradford Randolph, Esq., PLLC, at 212-759-0097 to schedule a consultation.