@toyaa0 wrote:
.....how do I find a professional who could give advice and is knowledgeable with both jurisdictions? Do you have any recommendations?
You might try an attorney in your area that is familiar with international law or an enrolled agent.
See https://taxexperts.naea.org/listing/service/international
See also https://www.avvo.com/tax-lawyer.html
@toyaa0 wrote:
Also, you mention that "A life-estate may receive a stepped-up basis" - what does the MAY depend on?
You are receiving a remainder interest based upon your facts, not a life estate (which your mother is retaining). The life estate does not receive a stepped-up basis in this case, but the remainder interest will receive a stepped-up basis upon her passing (at which time her interest is extinguished and you would, typically receive the property in fee simple absolute).
The remainder would not receive a stepped-up basis, however, if the property were sold before your mother passed.
