Can life insurance help my heirs pay U.S. estate tax on my LLC assets as an NRA?
I'm a non-resident alien from India (no estate tax treaty with the U.S.) and I own a U.S. LLC with about $2 million in assets, mostly U.S. real estate. I understand I'll face significant estate tax with only the $60,000 exemption. My financial advisor suggested using life insurance to cover the estate tax liability. How does this work? Are life insurance proceeds subject to U.S. estate tax for NRAs?
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