Foreign Tax 02

U.S. Client has Taiwan citizen based and located sister, nephew and niece as her primary and contingent beneficiary(s) on all IRA(s).
Due to no U.S. Social Security and Tax I.D. Numbers, what is their (beneficiaries) expected tax treatment (both Federal and State of Minnesota) previous to a distribution upon IRA owner’s death.

Please advise.

Liu & Associates
Estate Planning // Private Wealth Management
H. Edward Liu, President
13554 45th CT NE
St. Michael, MN 55376-9481

Direct 612.986.4548
Office 888.586.7728
Facsimile 763.515.3903

[email protected]
http://www.liuandassociates.net

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