Experience with foreign trusts

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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TonyUncleJohnny
Posts: 35
Joined: Wed Jan 03, 2018 4:02 pm

Experience with foreign trusts

Post by TonyUncleJohnny » Mon Jan 08, 2018 7:59 pm

Does anyone here (US citizen or green card holder) have experience as a trustee and/or beneficiary of a foreign trust?

I would love to hear anything and everything you would like to share - tax and reporting consequences, things to keep in mind before getting involved in such a situation, other inconveniences/conveniences both in the US and the foreign country.

Thank you,
T

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