Moving to the United States with foreign bank accounts, investments, property, or a pension? Do you have to report everything on your U.S. tax return, even when the money remains in another country?

In this episode of the G360 Wealth Podcast, Rex Berger speaks with Ron Abraham, CPA, CAA, MST, Tax Partner at KSDT, about what happens when someone becomes a U.S. tax resident. Ron explains dual-status tax returns, worldwide income reporting, FBAR and FATCA requirements, PFIC rules, foreign pensions, tax treaties, and the difference between tax residency and domicile. They also explain why internationally mobile professionals, families, and business owners should coordinate with their financial advisor, CPA, and attorney before relocating, selling foreign property, transferring investments, or completing another major transaction.

What to expect:

• When you may become a U.S. tax resident after moving to the United States
• Whether foreign income and bank accounts must be reported on your U.S. tax filings
• How foreign mutual funds, ETFs, pensions, and retirement accounts may be treated
• What triggers FBAR and FATCA reporting, even when a foreign account produces no income
• Why planning six to twelve months before a move or transaction may provide more options
• And more!

Resources:

• Explore KSDT’s international tax services
• Contact Generation Capital Advisors

Connect with Rex Berger:

• LinkedIn: Rex Berger
• LinkedIn: Generation Capital Advisors
• Generation Capital Advisors

Connect with Ron Abraham:

• LinkedIn: Ron Abraham
• LinkedIn: KSDT
• Ron Abraham at KSDT
• KSDT

About Our Guest:

Ron Abraham, CPA, CAA, MST, is a Tax Partner at KSDT who focuses on U.S. taxation for expatriates, non-U.S. domiciliaries, and clients with cross-border financial interests. He has worked in international tax since joining KSDT in 2014. Ron earned bachelor’s and master’s degrees in accounting from Florida Atlantic University. He is a Certified Public Accountant in Florida and Georgia and a Certified Acceptance Agent.

Thinking about moving to Florida to reduce state income taxes or enjoy retirement in a warmer climate? Becoming a Florida resident involves much more than changing your address. The planning decisions you make before your move could have a lasting impact on your taxes, estate plan, and long-term financial strategy.

In this episode, Samuel Diarbakerly speaks with Juan Bendeck, Partner at FBT Gibbons, about what high-net-worth families, retirees, snowbirds, and business owners should know before establishing Florida residency and changing their legal domicile. Juan explains the difference between residence and domicile, why the commonly misunderstood 183-day rule is only one piece of the picture, and what states may review during a Florida residency audit. They also discuss Florida’s tax advantages, estate-planning considerations, homestead benefits, and why coordinating with your wealth advisor, CPA, and estate-planning attorney before a major move or liquidity event can help you avoid costly mistakes.

What to expect:

• The difference between Florida residency and Florida domicile, and why it matters for tax planning
• Why the 183-day rule alone may not establish Florida domicile
• What states may review during a Florida residency audit, including homes, advisors, travel, financial records, and family connections
• Why business owners should plan before selling a company or concentrated stock after moving to Florida
• And more!

Connect with Sam Diarbakerly:

• LinkedIn: Sam Diarbakerly
• LinkedIn: Generation Capital Advisors
• Generation Capital Advisors

Connect with Juan Bendeck:

• LinkedIn: Juan Bendeck
• Email: jbendeck@fbtgibbons.com
• FBT Gibbons

About our Guest:

Juan Bendeck is a Partner at FBT Gibbons who focuses on trusts and estates, fiduciary matters, probate, tax planning, estate planning, and family office legal services for high-net-worth individuals and families. In this conversation, he shares practical guidance on establishing Florida domicile, understanding Florida residency requirements, preparing for potential state residency audits, and coordinating legal and tax planning before relocating or completing a major financial transaction.

Should you use a donor-advised fund or a private foundation? How can you give appreciated stock more tax efficiently while creating a lasting family legacy? As charitable planning becomes more sophisticated, choosing the right strategy starts with understanding your goals, not just the available tools.

Samuel Diarbakerly is joined by Frank D. Paolini, Partner in the Private Wealth Group at Neil Gerber & Eisenberg, for a practical conversation about advanced charitable giving strategies for wealthy families. Together, they explain the differences between donor-advised funds, private foundations, and charitable trusts, how highly appreciated stock and estate tax planning influence giving decisions, and why financial advisors, attorneys, and CPAs should work together to build a charitable plan that reflects your family’s long-term goals and values.

What to expect:

• How to choose between a donor-advised fund and a private foundation
• When charitable trusts like CRATs, CRUTs, CLATs, and TCLATs may fit your family’s goals
• How highly appreciated stock and estate tax planning can influence charitable giving
• Why coordinated planning between your financial advisor, CPA, and attorney matters
• How philanthropy can help build a lasting family legacy across generations
• And more!

Connect with Sam Diarbakerly:

• LinkedIn: Sam Diarbakerly
• LinkedIn: Generation Capital Advisors
• Generation Capital Advisors

Connect with Frank D. Paolini:

• LinkedIn: Frank D. Paolini
• Neil Gerber & Eisenberg

About our Guest:

Frank D. Paolini is a Partner in the Private Wealth Group at Neil Gerber & Eisenberg. He works with ultra-high-net-worth families, family offices, business owners, and advisors on complex estate, charitable, and tax planning, as well as multi-generational wealth strategies.