Nice topic touched by you. I also did some research on the Estate Tax. This site has 3 recommendations for resident Indians to bypass Estate Tax. 60K USD is not the issue being informed investor is better. you start taking nibble and over a long time corpus will be built.
- ” As an Indian, the best thing is to buy term insurance to cover this tax liability”
2 . ” set up joint accounts to deal with Estate taxes, so in the event of the death of one of the account holders, its estate tax is levied only on the portion of the asset held by the deceased.”
3. ” if you are a UHNI (Chances are you would not be reading this, still) and looking at better ways of managing all of this, setting up an offshore trust to invest in the US seems to be the recommended route”
What they don’t tell you about investing in US Stocks from India » Capitalmind – Better Investing
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