US Insights
US beneficiary of a non-US trust
US beneficiary of a non-US trust
Non-US trusts are often not set up with US tax issues in mind which can cause quite a few pitfalls and potentially lead to onerous penalties.
The way in which US settlors and US beneficiaries are taxed in respect of their interest in a non-US trust is dependent on how the trust is classified. It is important to understand the trusts classification and what that means from a US tax perspective.
Our expert team
Personal tax is one of the most complex areas of wealth management and can significantly erode your wealth over time
Blick Rothenberg is considered to be market leaders in the taxation of non-UK domiciled individuals and offshore trusts, as well as cross-border personal taxation.
We have a strong base of clients in the UK and a broad and longstanding international focus too, acting for a large number of non-UK domiciled individuals and international families. So, we understand the complexities that US citizens face when living, working and operating businesses in the UK.
Whether you are a start-up entrepreneur, a wealthy family with complex affairs, or a business executive, our dual-qualified team of tax advisers will look after your US UK personal tax affairs as well as those of your business.
If you wish us to contact you or want to discuss your situation please complete the form on this page and one of our team will be in touch.