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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: AdrianC ⎊🐝  😊 😞
Number: of 15065 
Subject: Re: Safer to diversify?
Date: 06/07/2023 11:45 AM
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<<I don't want all our money in the US>>

Btw if being a nonresident one should only have all money in the US if being fully aware of the US 40% inheritance tax for US stocks, real estate and tangible personal property (applies even to the spouse).

That was an interesting discussion, learned some things. I have been in that situation, not anymore. Though I 'aint frum 'round here, I am a US resident now.

What I mean is I don't want all my investments centered on the USA. "Don't bet against the USA", says Buffett. Yes, well, I think it's prudent to have some of my families' assets spread around a bit. Hasn't worked very well so far, of course.

Regarding inheritance tax, I figure that foreign stock ETFs and such held in a US brokerage are just part of the US estate. Foreign property is a different matter. I need to look into that.
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