US Trust Advisory Services LLC
UTAS marries US tax expertise with international tax and fiduciary expertise, in order to assist non-US persons to establish US entities for investment, wealth planning and asset protection purposes.
Most of our clients are referred by international tax lawyers, wealth planners, foreign fiduciaries and other professional introducers with an interest in US entities, due to privacy erosion concerns for their clients, because of the adoption of the Common Reporting Standard (“CRS”) by almost all international financial centers except the USA. It is alleged that the USA did not adopt CRS because it has its own reporting regime under the Foreign Account Tax Compliance Act (“FATCA”). We also assist introducers and clients to understand the newly introduced Corporate Transparency Act (“CTA”) that implements new domestic reporting requirements for US entities.
Our Approach
Our proven workflow
Although we prefer to deal with professional introducers, we will deliver services to non-introduced clients, if they contact us directly, subject to a vetting process.
Analyse
We analyse client needs in order to ensure that the goals they seek are achievable and then suggest alternatives if they are not. It’s better for a client to obtain 50% to 75% of their needs rather than nothing at all.
Plan
Based on the agreed or modified goals, we create a plan that includes fully transparent cost pricing that is then presented to the client or his/her advisors.
Implement
Once the client or his/her advisors agree to the plan then we take whatever steps are needed to implement the plan while keeping relevant parties aware of progress to date with a final confirmation of full implementation.
UTAS services
We specialize in forming US Trusts, including Hybrid Trusts, which can be non-reporting if treated as a foreign trust for US tax purposes. We also assist with the establishment of US corporate entities and especially US LLCs, because the single member LLC is the corporate entity that is usually of most benefit to international clients.
UTAS also delivers advice on the tax and reporting obligations of owning US corporations plus the tax and reporting obligations of US Trust connected persons including US and non-US beneficiaries. In addition, we advise how entities should be structured for tax optimization.
Formation of US LLCs and US corporations
Establishment of US Domestic Trusts and US Hybrid Trusts
Delivering legal and tax advice for US entities
Assisting entities to establish US bank and investment accounts
US immigration advice and related services
Ed Rogers of US Trust Advisory Services LLC has great technical knowledge and he is our “go to” person for both US and non-US trust issues.
Having contacted US Trust Advisory, on several occasions, we have always been impressed by their speed of response and level of expertise and would be happy to recommend them to other advisers and clients
The team at US Trust Advisory Services LLC have proved to be very helpful when dealing with US tax matters