Holding assets in both India and the U.S. raises unique questions. An education-first session, alongside qualified cross-border tax professionals.
Reserve Your Free SeatPresented by LITHOS
Indian-American families often hold a bank account in Mumbai, a flat in Bengaluru, mutual funds a parent opened years ago, and a 401(k) in Indiana — and discover that the U.S. expects every one of those to be reported, taxed, or planned for in a specific way. This education-first session, led by Dr. Sam (Sourav) Saha with Rahul Agarwal, CPA, and qualified cross-border tax professionals, walks through what U.S. residents with Indian assets most often miss: foreign-account reporting, how Indian investments are taxed in the U.S., moving money across the border, and planning an estate that spans two countries. Plain English, and a checklist for your CPA on both sides.
With Rahul Agarwal, CPA: when Indian bank, fixed-deposit, PPF, and demat accounts trigger FBAR (FinCEN 114) and FATCA (Form 8938) reporting, why Indian mutual funds are commonly treated as PFICs with punitive U.S. tax treatment, and how the India–U.S. tax treaty and foreign tax credits help avoid paying twice.
How NRE and NRO accounts differ, the repatriation rules and documentation for moving money from India, how gifts and inheritances from parents in India are treated in the U.S. (including Form 3520 reporting), and planning for Indian property you may sell or inherit.
How U.S. estate rules apply to worldwide assets of U.S. persons, what happens to Indian property without an Indian will, nominee versus beneficiary confusion, and how life insurance and trusts are commonly used to provide for family in both countries.
At Lithos, our mission is to create wealth for families. Through layered planning and a team of trusted professionals, we provide comprehensive insurance, wealth, tax, and real estate solutions that empower clients across the country to protect what matters today and build lasting legacies for tomorrow.
Limited seats. Choose the date and format that work best for you.
This seminar is educational. Nothing presented is personalized financial, investment, tax, legal, insurance, real estate, mortgage, lending, or medical advice, and no outcome is guaranteed. Insurance and annuity guarantees are backed solely by the claims-paying ability of the issuing insurer. Attendance carries no obligation. Attendees may request a complimentary review, where products and services may be discussed.
Cross-border tax and legal matters are complex and fact-specific; nothing presented is tax or legal advice for your situation. Consult qualified U.S. and Indian tax professionals before acting. Lithos is not a law firm and does not prepare tax filings in India.