Richard
Joined: 3/10/2024
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RE: Capital Gains Cost Basis
This life fund was not part of probate. My child was a direct beneficiary in trust of the deceased's lawyer. Additionally the lawyer is now retired and I have not been able to contact him. -
Capital Gains Cost Basis
My children were beneficiaries of a life fund of their godfather who died in 2007. These funds were directly transferred and held in the name of their godfather’s lawyer. Neither I nor my children were made aware of these funds until recently when the lawyer contacted us. The funds have now been transferred to my children’s names. How does one determine the cost basis of these funds for tax purposes? -
US Tax on UK State Pensions
If you are a USA/UK dual national permanently residing the UK are your UK State Pension monthly payments subject to US tax?