Question: My sister who lived in the Massachusetts has passed away. In her will, she asked that my other sister and me to manage a trust fund until her daughters reach 30. My other sister and I [...]

Question: Can a foreign family trust be switched to a domestic trust at a later date the trustee or co-trustees became US citizens? Response: This is outside my area of expertise, so I consulted [...]

Question: At what stage is a trust is treated as a foreign trust? If the trust has a non U.S person trustee, would it be deemed to be a foreign trust. But at what stage does it become a foreign [...]