Estate Tax Returns

​Depending upon the situs, fair market value, and type of asset owned by a deceased U.S. resident or nonresident individual, there may be an estate tax and/or an estate tax filing requirement imposed upon the transfer of assets to a transferee. There are a variety of exemptions and elections that may apply in determining whether any estate tax liability is due. The U.S. also has a number of estate and gift tax treaties to help taxpayer avoid double taxation on the same transfer.