Beneficiary of Foreign Trust

Discussion in 'US Taxes' started by Hre, May 31, 2012.

  1. Hre


    May 31, 2012
    Likes Received:
    I am a US citizen.

    My Dad wants to put me as a beneficiary in his Trust which he will form overseas.

    My Dad is a NON US (non Resident and non Citizen).

    There will be no distributions as yet, and if any they will be much less than the 100,000 limit.

    Are there any forms I need to file now, to inform IRS that I am a beneficiary or wait for distributions.
    Hre, May 31, 2012
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