Trusts are great for transferring wealth from one generation to the next. But when that transfer is from a nonresident to a U.S. resident, there are a number of competing factors for how to make that transfer happen. This session talks about classic foreign parent/U.S. child estate planning for foreign assets, using foreign grantor trusts for income tax and estate tax efficiency. Also, cover the tax compliance required during the parents’ lifetimes and after they die.
Presenter: Phil Hodgen