Interviewing Clients With Foreign Assets

Featuring Tax and Financial Expert Abby Eisenkraft

Working with a client who might have foreign assets isn’t always obvious. We live in a globalized world, where US citizens live and work overseas and vice versa, so there is no single type of person who might have assets in other countries. That’s why it’s important you ask potential clients the right questions from the start.

Asking the right questions ensures you and your client are in compliance with United States reporting and tax regulations. Offenders can face fines and jail time, so in addition to compliance, asking the right questions can protect you from potential liability.

In this whitepaper, we’ll present to you not only how to identify clients who might have foreign assets, but the top 10 questions to ask those clients regarding financial accounts, interests in foreign trusts, inheritance, and more.