Coming to America? A space for those planning for a Green Card, living with a Green Card or wanting to abandon your Green Card … https://t.co/QSSwLukN1E
— John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) November 21, 2020
It’s critically important to understand that Green Card holders who are “long term residents” may be subject to the 877A expatriation tax if they surrender their Green Card.
Gary @Clueit in conversation with @IRSMedic and @Expatriationlaw makes it clear that the Sec. 2801 tax on bequests from "covered expatriates" WILL affect his estate planning: Tax traps of holding and attempting to surrender a US #GreenCard" https://t.co/JcWCUx9BqI via @YouTube
— John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) November 23, 2018