Estate Planning
Estate Planning for Dual Citizens in Hackensack, New Jersey
Bergen County’s diverse international community faces unique estate planning challenges. For dual citizens living in Hackensack and surrounding areas, protecting assets across multiple countries requires specialized legal expertise.
Complex Estate Planning Needs
Living in Hackensack while maintaining citizenship and assets in another country creates distinct challenges. Our international clients often hold property, investments, and bank accounts both locally and abroad, requiring careful coordination of different legal systems.
Asset Protection Strategies
U.S. Based Assets
For dual citizens residing in Bergen County, protecting U.S.-based assets requires specific planning tools:
- Investment accounts
- Real estate in Hackensack and surrounding areas
- Retirement accounts
- Local business interests
International Holdings
We help coordinate estate plans across borders to ensure:
- Compliance with multiple tax systems
- Protection from double taxation
- Proper asset transfer to heirs
Living Trust Solutions
Revocable Living Trust Benefits
A properly structured living trust offers dual citizens in Hackensack:
- Probate avoidance in New Jersey courts
- Faster access to assets for heirs
- Protection from international estate complications
- Continued control during lifetime
Tax Planning Considerations
International Tax Coordination
Our Hackensack office helps dual citizens navigate:
- U.S. estate tax obligations
- International inheritance taxes
- Tax treaty benefits
- Required reporting compliance
Local Support Services
Our Hackensack legal team provides:
- Multilingual document preparation
- International estate coordination
- Local property protection strategies
- Cross-border inheritance planning
Contact our Hackensack office to develop an estate plan that protects your assets both locally and internationally while ensuring a smooth transition for your heirs.