Bridgeford Trust is very pleased to be participating in an upcoming webinar – “International Private Client Issues for Non-US Residents” – scheduled for Thursday, May 30, 2019 at 1:00pm EDT. The program is produced by Strafford, a leading education company providing premium CLE and CPE courses designed for planning professionals in over 40 legal, accounting, and tax practice areas.

This webinar will provide tax advisors with a practical guide to the planning opportunities and potential tax pitfalls involved in providing private client services for high net worth non-resident clients with U.S. tax presence. The panel will go beyond the basics to detail intricate strategies for minimizing income tax, including basis strategies for non-U.S. sitused assets, structuring “drop-off” trusts, and planning for the possibility of the nonresident alien’s return to the country of origin.

The panel includes David Warren, Co-Founder and Chairman of the Board of Bridgeford Trust; Patrick McCormick, Principal at Drucker & Scaccetti; and Stephen Williams, Business Advisory Partner at PW Associates. Listen in as they provide a thorough guide to the critical skills and practices of serving high net worth individuals and families through a private client services practice.

The panel will review these and other important issues:

  • What are the key considerations in wealth preservation before a foreign individual becomes a U.S. resident for tax purposes?
  • How to avoid anti-deferral rules in pre-immigration transactions.
  • Determining whether a “drop-off trust” should be structured as a domestic or a foreign trust under the rules of Section 7701.
  • Helping non-U.S. taxpayers identify the optimal framework and structure for a family office to handle U.S. sitused assets.

To learn more and to register, please click here.