IRC Section 677 – When A Right to Income Makes a Trust a Grantor Trust
In this week’s vlog, the managing director and CEO of Asena Advisors, Peter Harper examines Section 677 of the Internal Revenue Code: the Grantor Trust Rules and the ability for a grantor to still receive the income from a trust.
This vlog is for anyone that owns assets in foreign trusts and is moving to the US or facing a liquidity event.
To watch the 7th installment of our series, click play below: