Key Post Be careful if you hold more than $60,000 in US equities

[shipship]

Is this only for spouses? If someone was separated and had children does it not apply? Or is it just the case that you can write it off against the applicable CAT if it's children inheriting rather than a spouse?

 

[ClubMan]

Is this only for spouses?

I don't think so.

Look who's getting away with not paying this estate tax

Foreign holders of U.S. assets who fail to pay estate taxes could be costing the U.S. Treasury billions of dollars.

www.cnbc.com

Under U.S. tax law, the estates of foreign holders of U.S. assets, such as stocks, real estate, or valuables, are required to pay estate taxes on those assets after the death of the owner. There’s even a handy piece of IRS paperwork — form 706-NA — to help calculate the tax.