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Trust Tax Info

  • Thread starter Richard C. Noble
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Richard C. Noble

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I am doing U.S. Investment Trust work for a Foreign National interested in using this fund for retirement purposes. I am wondering for tax reasons and since he is not a U.S. citizen whether I should establish their trust account here in the U.S. or say at Barclay's Bank in the Bahamas. I am located in Louisiana, the money is in San Antonio, and I am trying to understand whether it is best to keep the Trust Fund in Texas or put it Offshore.

[Edited by Richard C. Noble on 02-05-2001 at 01:58 PM]
 


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