Toni Ann Kruse

Brent chats with Toni Ann Kruse, a Partner at McDermott Will & Emery, specializing in estate and wealth transfer planning for high-net-worth families. They dissect the practical and tax implications of expatriating from the U.S., discussing residency distinctions and significant tax obligations. Toni Ann highlights day-to-day challenges and emphasizes the importance of pre-planning to minimize tax liabilities. They also delve into the mark-to-market regime and the complexities of gifting to U.S. citizens, stressing the need for thorough preparation.