In the News

7/2019

Should Offshore Trusts Stay Offshore – The Problems

  • picture of Jennie Cherry
    Jennie Cherry
  • picture of Stephen K. Vetter
    Stephen K. Vetter

US beneficiaries of foreign trusts are subject to a throwback tax regime and an interest charge when they receive distributions of accumulated income from the trust. To avoid these punitive payments, families often choose to convert or decant the trust to a US domestic trust. July 25, 2019. Download

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