Qef Election
Learn about QEF election for foreign investments in estate planning. Understand how this tax election impacts international assets and legacy preservation st...
What is a QEF election and how does it relate to estate planning?
A QEF (Qualified Electing Fund) election is a tax choice that allows U.S. taxpayers to treat income from certain foreign investments as current income rather than facing PFIC penalties. This election can help families with international assets create more effective estate plans by managing tax implications on foreign investments that may be passed to beneficiaries.
