Announcing MASECO Asia’s First Joint Seminar with AmCham, Withers and LuskMooreGroup
Taking the Stress out of Tax: Efficient Investment and Estate Planning for Americans
Join us on Wednesday, June 7th at 12:45 pm at The American Chamber of Commerce in Hong Kong
Date: June 7, 2017 Wed
Time: 12:00pm – 01:45pm
The American Chamber of Commerce in HK
1904 Bank of America Tower
12 Harcourt Road, Central, HK
Ms. Beverly Yau
Media: Closed to Media
George McCormick, US tax attorney, Withers
Davis Lusk, Managing Director, LuskMooreGroup
Mark Scher, Director, MASECO Asia Ltd.
Topic: Taking the Stress out of Tax: Efficient Investment and Estate Planning for Americans
Americans living overseas are faced with an increasingly complex system in which to manage their finances. Relatively straightforward tasks like investing, estate planning and even opening a bank account have become difficult and fraught with pitfalls. Special US tax rules often apply to Americans living abroad and many expats have no idea how these rules affect them.
This event is designed to make you aware of your US tax reporting responsibilities and help you structure your assets in the most efficient manner.
In this session we will discuss:
- Estate planning and the pitfalls for Americans abroad
- Special tax issues applicable to American expats (foreign bank accounts, ownership of foreign companies, etc.)
- US tax compliance disclosure options
- Specific issues for Green Card holders
- Tax inefficient investments (Passive Foreign Investment Companies)
- Portfolio design for American expats
First 15-20 minutes will be networking
Sandwiches and beverages included
Hosted by the Taxation Committee
George McCormick provides tax, trust, and estate planning advice for individuals and families from a U.S. and international perspective. George also advises on the tax implications of immigration to the United States, expatriation, and investment in real estate in the United States. An important part of his practice consists of assisting individuals with U.S. tax compliance issues as well. George earned an LL.M. in Taxation from New York University School of Law, a J.D. from Washington and Lee University School of Law, and a B.A. from the University of Florida.
Davis Lusk is the Founder and Managing Director of LuskMooreGroup in Hong Kong. He is a Certified Public Accountant in United States. He has previously worked in the tax departments of a Big Eight accounting firm and a fortune 500 company. He has worked extensively with private clients and family offices advising on U.S. income and estate tax issues. Davis is a member of the American Institute of Certified Public Accountants and the North Carolina Association of Certified Public Accountants. Davis currently serves as Board Treasurer of the Hong Kong Refugee Advice Centre and is a member of the American Chamber of Commerce Hong Kong. He is also past president of the Piedmont chapter of the World Trade Association in North Carolina.
Mark Scher is the Director and co-founder of MASECO Asia Limited. He is from Detroit, Michigan. Mark graduated with a Bachelors of Science in Accounting, Economics and Finance from Oakland University. He then obtained his Master’s degree in Finance from Walsh College. Mark has his Series 7, 63, 65 and Life, Accident and Health licenses in the US. He obtained his Certified Investment Management Analyst® designation in the US in 2009 and completed his Diploma in Regulated Financial Planning in the UK in 2012. He is currently the Head of the firm’s Investment Committee.