This paper examines the legal framework governing, and the policy questions arising from, the management of wealth within the United States when the settlors or beneficial owners of the assets are citizens and domiciliaries of countries in Asia. Among the topics discussed will be the rules governing the US financial accounts, investments and land owned by non-citizens who are domiciled abroad; the use of the US-based trusts for such overseas settlors and beneficiaries; and the federal income and transfer taxation rules applicable to wealth planning for such overseas clients, with special reference to the People’s Republic of China and its tax treaty with the United States.