Primary Logo Black
Log In
  • ON-DEMAND

Foreign Trusts: Tax and Compliance Essentials (On-Demand)

General Credits:
Original Date Of Course:

$179.00

Course Description

This course will discuss relevant topics and consequences related to foreign trusts. There will be a discussion of the tax and compliance implications of foreign trust status and distributions, how to determine foreign trust status, techniques to minimize foreign trust tax issues, and reporting issues for foreign trusts.

Syllabus

  1. Foreign trust determination
  2. Tax consequences of foreign trust distributions
  3. Other tax issues for foreign trusts – transactions with foreign trusts, trust migration, pre-immigration trusts, etc.
  4. Reporting distributions and transactions with foreign trusts

Credit Details

Course Type

Course Instructor

George R. McCormick, Esq.
Original Date Of Course

General Credits

1.5
George R. McCormick, Esq.
George R. McCormick, Esq.
George R. McCormick, Esq. advises high net worth individuals, entrepreneurs, business owners, and family offices on U.S. federal tax, estate, and trust planning, with significant expertise in cross-border wealth planning for both non-U.S. individuals and U.S. citizens abroad, developed through more than five years of law practice in Hong Kong. He previously served as Legislative Counsel to U.S. Congressman Michael C. Burgess, drafting federal tax legislation, and worked for the Florida Department of Revenue administering taxpayer audit appeals and advising state leadership on tax law.
Learn more
Screen Shot 2023 11 07 at 1.30.57 PM