Can a multi-tier LLC structure reduce NRA estate tax on U.S. real estate?
I'm a non-resident alien from Singapore and I'm buying U.S. commercial real estate worth $5 million. My advisor suggested a multi-tier structure: a Singapore holding company owns a U.S. LLC, which owns the property. He says this removes the property from my estate because I own foreign corporate shares, not U.S. property. Is this legitimate? What are the drawbacks?
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