Expat Chat Episode 77 - Inheritance Considerations For Expats

Expat Chat Podcast

Welcome to the seventy seventh episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today's Expat Chat we talk about the sensitive topic of inheritances, both being received by Australian expats as well as when a Australian expat passes away overseas. We are currently in the largest wealth transfer in history as the assets accumulated by the baby boomers are transferred to their respective family members however how does this change for those Australians living overseas? Living overseas and receiving an inheritance as an Australian expat has its own difficulties and we hope that this episode today makes the process easier to understand and execute. In this episode we run through the following topics: • How does a inheritance work from a tax point of view? • Can I access the Main Residence Exmeption when inheriting property as a Australian expat? • How does a inheritance work from a tax point of view? • What is a K3 event and why do Australian expats need to consider this? Links that we discussed in this episode include: • What Happens To An Australian Expats Estate If They Die Overseas? - https://atlaswealth.com/news/what-happens-to-an-australian-expats-estate-if-they-die-overseas/ • Considerations for Expats Inheriting Australian Assets - https://atlaswealth.com/news/considerations-for-expats-inheriting-australian-assets/ • Facebook Group - Don't forget to join our Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt