Webcast: Foreign Trusts: Cleaning Them Up (CAFTSA16)
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When: 11/9/2016
1:30 PM until 2:30 PM
Where: Webcast
United States
Presenter: Haoshen Zhong, Esq.

Online registration is closed.
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Acronym CAFTSA16
CPE 1 hour
Vendor CalCPA
Level Overview
Yellow Book No
Prerequisite An understanding of trust filing requirements and preparation of trust returns.
Who should attend CPAs and lawyers.
Members $30
CPA Non-Members $50

The Member rate applies to LCPA members, reciprocal state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.


Federal tax rules for foreign trusts are complex and compliance failures mean steep penalties. Identify the penalty risks that apply to foreign trusts, their settlors, trustees and beneficiaries—and different strategies for fixing the problems.

Materials are provided as an ebook.


  • Identify potential compliance and tax issues for your clients with foreign grantor and non-grantor trusts.
  • Determine issues surrounding transfers to and distributions from foreign trusts.
  • Select the appropriate method of fixing the trust, including resettlement, amendment and filing of late returns.


  • Compliance rules and penalties applicable to settlors, trustees and beneficiaries of foreign trusts
  • Handling noncompliance
  • Penalty abatement