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To: Chgogal
How are you going to cope with the new FACTA law ...

My main accounts are still in the states, but the bulk was placed into a "family trust". I don't need much these days, and my grandchildren can get a head start on education and/or houses! The tax code helped me make that decision!

20 posted on 09/28/2013 6:35:46 PM PDT by WVKayaker ("The only place that the left hasn't placed the blame is on their agenda..." -Sarah Palin)
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To: WVKayaker

My accounts are in a probate trust. No where big enough for a family trust, yet. So, you just withdraw what you need or are allocated. I take it you don’t live in a little village that has no access to the larger banks? Am I correct in that? Do you still file with the IRS annually? That’s my main concern - the reporting to the IRS!!!!


27 posted on 09/29/2013 10:41:33 PM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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