Milan Accounting

Familia: the calm after the storm.

After 12-18 hour days serving clients for tax season. I finally got a day to relax. Enjoy the water and the sun.

Tomorrow, I finally get my knee repaired. Torn meniscus and MCL.

Keep me in your prayers.
Be back to work in about a week.

If you own foreign assets and fail to properly address them in your estate plan, unexpected tax outcomes can result. For example, if you’re a U.S. citizen, your worldwide assets are potentially subject to federal gift and estate taxes, regardless of where you live or where the assets are located. So, if you own assets in other countries and the assets are subject to estate, inheritance or other death taxes in those countries, there’s a risk of double taxation. Call us at (305) 772-5700 to learn more about how to properly account for foreign assets in your estate plan.