Why Employer Shares Can Create a U.S. Question
The IRS states that stock of corporations organised under U.S. law is generally U.S.-situated property for estate-tax purposes. That can matter even when the shareholder lives and works in India.
Do Not Turn a Filing Threshold Into a Tax Claim
The IRS says Form 706-NA may be required when a nonresident noncitizen's U.S.-situated assets exceed USD 60,000 at death. The final filing and tax outcome depends on the complete facts, deductions, ownership and any applicable treaty position.
Information an Estate Professional Will Need
- Citizenship and domicile history
- Issuer and legal domicile of each security
- Account ownership and beneficiary designations
- Approximate U.S.-situated asset value
- Wills, nominees and family access to foreign accounts
Reduce Operational Risk Too
A family should know where the broker account is, who to contact and which records exist. Do not share passwords; use lawful account-access, nomination and estate-planning arrangements.
Review Salary, RSUs and Goals Together
Map employer equity, liquid investments and major goals in one portfolio view before the next vest, exercise or career move.
Sources Checked
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The article copy is original SoHo Wealth editorial content. Source links are cited for factual verification of rules, frameworks and public guidance.
This article is for education and portfolio discussion only. SoHo Wealth is a distributor, not a SEBI Registered Investment Advisor. Tax and legal outcomes depend on personal facts.