Foreign Beneficiaries of U.S. Trusts
2019 Tax Institute, USC Gould School of Law
January 29, 2019
Attorneys Maria-Soledad Otero and Michael Karlin will co-present a session titled "Foreign Beneficiaries of U.S Trusts" at the USC Gould School of Law 2019 Tax Institute. The presentation will highlight considerations when encountering a foreign beneficiary like each beneficiary’s income tax filing status, tax treaty provisions applicable to the beneficiaries in each foreign jurisdiction, applicable law changes and proper allocation of receipts and disbursements between income and principal under local law and governing instruments.