Leaving my condo in trust to my children
Jun 10th 2017, 2:22 pm
#1
Just Joined
Thread Starter
Joined: Jun 2017
Posts: 3
Leaving my condo in trust to my children
Hi, I own a condo in Florida and wondered if it was possible to leave it in trust for my children? Will the value of it
be included in my estate when I die
be included in my estate when I die
Jun 10th 2017, 5:20 pm
#2
Forum Regular
Joined: Feb 2006
Posts: 150
Re: Leaving my condo in trust to my children
I am not a tax guy but if you are a non-resident(of the US) the taxes of you estate in the US can be high.http://www.jpmfinancialservices.com/...teTaxation.pdf
Jun 10th 2017, 6:59 pm
#3
BE Enthusiast
Joined: Nov 2012
Posts: 902
Re: Leaving my condo in trust to my children
If you are domiciled within the United Kingdom creating a US trust could give rise to an immediate and future 10 yearly IHT charges.
