Form 706-NA
Form 706-NA Support for Estates with US Assets
If the deceased owned shares in US companies, the estate may be required to submit IRS Form 706-NA before those assets can be transferred or sold.
For executors and professional advisers unfamiliar with US estate tax requirements, determining whether Form 706-NA applies can be complex. Share Data provides specialist guidance, IRS-compliant valuations and practical support to help executors and professional advisers manage Form 706-NA requirements efficiently and reduce delays in estate administration.
What is Form 706-NA?
Form 706-NA is a United States estate tax return used when a non-US citizen and non-US resident dies owning certain assets situated in the United States.
It enables the IRS to determine whether US estate tax is payable before assets such as shares or securities can be released.
Many executors only become aware of this requirement after being contacted by a transfer agent or financial institution, which can lead to unexpected delays if the necessary documentation has not been prepared.
Does this apply to the estate?
You may need to consider Form 706-NA if:
Every estate is different, and determining whether the filing is required depends on the assets involved and the individual circumstances.
Think this may apply to your estate?
Our specialists can review the circumstances, advise whether Form 706-NA may be required and help you understand the next steps.
How Share Data Ltd Can Help
Administering an estate with US assets can involve unfamiliar tax, valuation and transfer requirements. Share Data works with executors, solicitors and professional advisers, alongside US tax professionals, to help coordinate the process and keep the estate administration moving.
Initial Case Review
We review the estate’s circumstances and US shareholdings to help identify whether specialist US tax advice and a Form 706-NA filing may be required.
Date-of-Death Share Valuations
We provide professional valuations of US-listed securities for estate administration and use by the appointed US tax professional when preparing the relevant IRS documentation.
Coordination with US Tax Professionals
Where Form 706-NA is required, we work alongside qualified US tax professionals who advise on the estate tax position and prepare the return.
US Share Transfer and Sale Support
We assist with the documentation and practical requirements involved in transferring or selling US shareholdings once the relevant tax and estate requirements have been addressed.
Cross-Border Estate Administration
Our experience with overseas securities allows us to coordinate with executors, legal representatives, tax professionals and transfer agents throughout the process.
Why early action matters
Transfer agents will often require evidence that any applicable US estate tax obligations have been addressed before releasing US securities.
Identifying whether Form 706-NA is required at an early stage can help reduce delays, minimise unnecessary correspondence and keep the administration of the estate progressing smoothly.