Lincoln Video: Build your business with Foreign Nationals!
Foreign nationals face unique planning challenges for their U.S.-based assets due to their inability to use certain aspects of tax codes. Without proper planning, non-U.S. citizens may face significant adverse federal estate and gift tax consequences. Specific trusts partnered with life insurance can help mitigate some of this risk. Lincoln can help and our underwriting team announced updates including higher max age limits to age 75, term insurance for business coverage scenarios, and additional approved countries.
