Would anyone happen to know what the situation is regarding estate taxes on ownership of US stocks by non resident foreignors? I regularly invest in US stocks (through a UK based broker) and to date i was under the impression that the US does not withhold taxes on sales and capital gains and only partly taxes dividends (depending on treaty agreements) by non resident non US citizens. However, it was recently brought to my attention that the US would withhold estate/ gift taxes if the shares were transferred from me either as a gift or inheritence to my family upon my death. Is this correct and if so, are there any sensible ways around this, such as holding the shares in a company ? Thanks in advance.