Our DuPage County law firm can help you create an estate plan and address tax planning, charitable giving, and asset protection. Call us at 630-756-1160.| Gierach Law Firm
Contact the Gierach Law Firm in Naperville, Illinois for business law, real estate, estate planning, and general counsel representation. Call 630-756-1160.| Gierach Law Firm
U.S. persons and their tax return preparers should be aware that U.S. persons who create a foreign trust, or have transactions with a foreign trust, can have both U.S. income tax consequences, as well as information reporting requirements. Failure to satisfy the information reporting requirements can result in significant penalties, as well as an extended time to assess any tax imposed with respect to the period to which the information relates.| www.irs.gov