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Danger of Foreign Grantor Trust Becoming NPFFI

A popular form of U.S. trust for non-U.S. Persons is the Foreign Grantor Trust (FGT). However, if the professional trustee does not take on FATCA tasks through the role of Sponsoring Entity, the trust

 
 
 
CTA Individual U.S. Person Data to Be Deleted

The U.S. Financial Crimes Enforcement Network (FinCEN) issued a final rule on August 11, 2026. The final rule removes the requirement for U.S. companies and U.S. persons to report beneficial ownership

 
 

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