And we think it's very likely that the Congress will slash the exemption even further, and sooner than 2026.
Then, we followed up with an overview of how various trusts can help you in your estate planning strategies.
And in today’s report, we delve deeper into one of the strategies involving an irrevocable trust.
With it, you will be able to take advantage of the lifetime exemption threshold while it is still at a record high.
And the same strategy can benefit you in another way -- it can offer outstanding asset protection.
Further in this report, we look into renouncing your US citizenship as an estate planning strategy.
And while renouncing is certainly not for everyone, for the right person it can be the best solution possible.
Once you’ve renounced your US citizenship, you generally won’t have to worry about US estate taxation any longer.
You will be able to forget about Uncle Sam’s crazy politics and the powers it had over your life and finances.
You will no longer need to worry about how low the lifetime exemption amount can go in future, or how high the capital gains and individual income taxes could become.
And you won't have to file another single US tax return. Ever.
Review it all in today’s Sovereign Man: Confidential Alert.
In a recent report on the basics of estate and gift taxation, we explained that in 2026, many Americans will become subject to estate taxation because the lifetime exemption amount is set to halve in 2026. And we think it’s very likely that the Congress will slash the exemption even further, and sooner than 2026.…