Can Bank Serve As Trustee for Non-U.S. Resident?
Question: I am a dual citizen. I live in Australia but also have an account in a U.S. bank. I were to make an revocable trust but don’t have a U.S. resident to be a trustee, how should I [...]
How Can I Leave My Estate to My Non-U.S. Citizen Son?
Question: I am a U.S. citizen and have one adult child who has an English passport. I want to name him sole beneficiary of my estate which includes two single-family homes and money invested in [...]
How Should I Leave Money to Family in France?
Question: I am a U.S. citizen in Indiana and I have family in France. How can I leave them money after I die? Response: For the most part it’s no different from leaving money to someone in [...]
What are Tax Implications of Long-Term Trust for Non-U.S. Beneficiaries?
Question: I represent a 90-year-old U.S. citizen that lives in Florida and has never been married and has no children. He would like to leave his estate, which consists of cash, stocks, and bonds [...]
What Complications are There If I Leave My Trust to Non-U.S. Beneficiaries?
Question: I am US citizen living in Illinois. I have a revocable living trust, the beneficiaries of which are my two nieces who are non-US citizens from Argentina. The assets that will be going [...]
As a Non-U.S. Citizen, Must I Set Up a U.S. Trust for a Trust Distribution?
Question: I am a non-U.S. citizen from Australia. My friend recently left me a significant inheritance from her trust in the United States. Do I need to set up a trust in the United States to [...]
What’s the Best Way to Leave IRAs to Non-U.S. Beneficiaries?
Question: I would like to leave my 401k, IRAs, etc. to my family in the Philippines. What is the best and easiest way to do this? Should I list them as beneficiaries or should I have a living [...]
