bhsong303 Song
Joined: 4/28/2023
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RE: inheritance tax on cash from parents based overseas
I am a USA citizen and domiciled in the USA. I am planning to give all my assets, including stock brokerage funds, to my daughter who is a USA citizen and living in the UK as a permanent resident when I die. I will be responsible for the USA Estate Tax, but it will be under the USA Estate Exemption limit ($12.9M in 2023). Will my daughter be paying any UK inheritance tax?