Non-US investors who have cash in their U.S brokerage accounts, say Interactive Brokers, will be subjected to U.S estate tax. What are some securities, ETFs that are close to cash that these foreign investors can purchase to minimize the risk exposure to U.S estate tax?
Securities and ETFs are also subjected to Estate Tax.
Draft a "Transfer on Death" instruction to the broker, that triggers a transfer to an account in the beneficiary's name, in most cases avoiding probate. If the broker does not support it, find another broker.
Give your brokerage and bank password/token to your beneficiary. Have him transfer out holdings within hours of death.
Create a Trust, that survives even after death of an individual.
P.S. ETF is treated as Stock (a company that owns other companies), regardless of the nature of the holdings.
P.S.2 Above suggestions are only applicable to nonresident alien of the US.