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    candiiii's Avatar
    candiiii Posts: 1, Reputation: 1
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    #1

    Apr 10, 2010, 10:41 AM
    Will I be taxed differently?
    I am a permanent resident and have been for 27 years. Have a british passport am a british citizen. If my husband dies before me am I taxed any differently from an american citizen for the fact of being beneficiary to his life insurance policy, his leaving me the house, etc? Should I change to american citizen now for these reasons or is there no change? Also what about his retirement and social security is that treated differently too if I don't change?
    Five Rings's Avatar
    Five Rings Posts: 459, Reputation: 7
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    #2

    Apr 11, 2010, 09:32 AM

    Wouldn't it be a good idea to visit with a competent tax professional to discuss these estate issues since several hundreds of thousands of dollars are involved?

    Is your husband a US citizen?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    May 7, 2010, 11:04 AM
    I agree with Five Rings.

    Your circumstance is complex enough to justify consulting with a competent tax professional and estate planner to cover all angles of your situation.
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