Hi
If you are using US stocks, you probably know about the US estate tax. Although many people worry about it and make the wrong claim about the 60K USD limit, it is not a big deal since we have an estate tax treaty that entitles us to the same exemption as US citizens.
However, some people also worry about the practical implications: what happens to the US assets after death in an Interactive Brokers account? I digged into it and found what would happen based on your assets (below 60K, above 13M and in the middle). I hope this clears out the situation for people worried about that.
thepoorswiss.com
If you are using US stocks, you probably know about the US estate tax. Although many people worry about it and make the wrong claim about the 60K USD limit, it is not a big deal since we have an estate tax treaty that entitles us to the same exemption as US citizens.
However, some people also worry about the practical implications: what happens to the US assets after death in an Interactive Brokers account? I digged into it and found what would happen based on your assets (below 60K, above 13M and in the middle). I hope this clears out the situation for people worried about that.
Should Swiss Investors Worry About The U.S. Estate Tax In 2024? - The Poor Swiss
Many think investing in the United States Exchanged Traded Funds (ETFs) is dangerous. They believe that because of the U.S. Estate Tax, they will lose a lot
thepoorswiss.com