Foreign Bank is custodian of IRA Submitted by [email protected] on Wed, 2009-03-04 17:47 Any land mines I should be aware of? Client is terminally ill and has about a 4 week life expectancy. Flag as spam
Permalink Submitted by Alan Spross on Wed, 2009-03-04 18:54
A bank custodian of an IRA must be subject to the laws and supervision of the federal or state government of the US per Sec 581 of the tax code.