Excuse me for bringing up this topic again, just re-read the famous and great The $60’000 cap for US investments and am (still, again, more so) hating the US estate tax (having no ties with US myself). Basically as soon as you cross the 60’000$ threshold for US domiciled assets your heirs would have to go through the trouble of declaring to the IRS your exact worldwide assets - even if their tax bill will actually be zero if you inherit less than 11 million $. Effectively this leaves you with one of the following binary alternatives:
- avoid US ETFs and instead stick to IE-ETFs, swallowing those higher TERs, swallowing the 15% L1WT on US stocks
- or you leave “the mess” to your heirs
What have you decided and why?