U.S Estate Tax applies to Indians too | Can eat 40% of your savings | Tips to avoid it

In this video, we break down the essentials of the U.S. Estate Tax—a tax on the transfer of assets after someone dies. Understand who is liable, what exemptions exist, and the smart strategies wealthy families use to preserve their estate.

We cover:
🔹 Definition and scope of the estate tax
🔹 Key exemption limits (2024 update)
🔹 Impact on NRAs (Non-Resident Aliens)
🔹 How double taxation can occur
🔹 Estate tax treaties and how they work
🔹 Proven strategies to reduce or avoid estate taxes legally

Whether you're a U.S. citizen, Green Card holder, or a Non-Resident with U.S. assets—this video helps you understand your tax exposure and what to do about it.

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If you want the US Tax Excel sheet, subscribe to my free substack using the link below and I'll send it right away. https://substack.com/@pranaykapoor?ut...

📚 YouTube Chapters:
0:00 – Intro: Why This Video Matters for Global Investors
1:09 – What Is the US Estate Tax?
2:25 – How the US Determines "Gross Estate" (US Situs Concept)
2:55 – Assets That Are Subject to US Estate Tax
5:14 – Assets That Are Not Subject to Estate Tax
7:21 – Estate Tax Calculation: Slabs & Blended Tax Rate
7:57 – Excel Demo: Estimate Your Estate Tax Using Free Sheet
10:45 – What You Should Do: Avoiding US Estate Tax
11:55 – Why Ireland & Luxembourg-Domiciled ETFs Are Better
12:15 – Replacing VOO, QQQ & VT with CSPX, SXRV & VWRA
17:30 – Are There Any Downsides to Irish ETFs?
18:42 – If You Work at a US Company, What Should You Do?
20:15 – Bonus Tip: Using Life Insurance to Cover Estate Tax
20:59 – Final Thoughts & Thanks