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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: InParadise   😊 😞
Number: of 21944 
Subject: Re: OT New Monaco homes
Date: 03/25/26 7:22 AM
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A non-US-resident owning US stocks or property at death is subject to US inheritance tax on all of those assets, without the de minimis exemption threshold. Since the US doesn't generally know you've kicked the bucket, and non-US banks/brokers don't care, almost nobody actually pays this.

I apologize upfront if my confusion is simply due to not enough coffee yet, but I am confused by this. You are saying that if I, a US citizen, chose to reside in another country, our US assets will be taxed from dollar one if I die? If I am drawing SS by then, the gov't will most certainly learn of my death.

IP,
one of the many pursuing Canadian dual citizenship by ancestry
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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