# @edwardcollins_upleveled on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DJ9m0E_IBHg
- **Gondola URL:** https://gondola.cc/posts/35104106-edwardcollins-upleveled-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/6ebd3fa1ce.jpg
- **Posted:** 2025-05-22T16:31:30.000+00:00
- **Account Owner:** Edward Collins | Money Lawyer & Wealth Strategist (@edwardcollins_upleveled) — https://gondola.cc/edwardcollins_upleveled

## Caption

Own Assets Outside the U.S.? 

The Game Just Got Harder. 
 
I was speaking with a business owner recently who owns real estate in El Salvador. 

He’s not just thinking about ROI—he’s thinking about legacy. 
 
But once your wealth crosses borders, your strategy needs to evolve—fast. 
 
Here’s why: 

✅ U.S. estate tax and income tax applies to worldwide assets and income for US Citizens. 

✅ Many foreign countries don’t recognize U.S.-based trusts. 

✅ Some foreign jurisdictions penalize trust structures with harsh income tax rules. 

✅ U.S. trusts may not shield assets from foreign courts. 

✅ Even within the U.S., state-by-state probate could be triggered if you’re not careful. 
 
And here’s the big one: 

❗ Just because your money is abroad doesn’t mean the IRS can’t see it. 

They can. And they will. 
 
That’s why if you’ve got global assets, your legacy plan can’t be local. 

You need a multinational legal framework — trusts, entities, and strategies custom-built for both U.S. and international law. 
 
The ultra-wealthy don’t wing this. 

They build with intention. 

And they win. 
 
If you want a deeper look at how this level of planning works—and how to make it work for you — 

👇 Drop “GOB” in the comments and I’ll send you a free training that breaks it all down. 
 
 — 
 
Credit (TikTok): Marc Mackenzie – acorn.law 

 SF0686

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## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Edward Collins | Money Lawyer & Wealth Strategist | @edwardcollins_upleveled | https://gondola.cc/edwardcollins_upleveled | Talent |
| Hector Garcia | @Hector_FilmSchool | https://gondola.cc/Hector_FilmSchool | Content Producer |

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