Managing Partner Kevin E. Thorn assists a prominent American professional with a foreign bank account located in Switzerland.
After the death of their mother, a prominent American professional and her family were told that they were to inherit a large sum of money in a foreign bank account located in Switzerland. When contacted by the Swiss bank, this professional was told that she would be unable to access the hundreds of thousands of dollars her deceased mother had left her and her siblings. Mr. Thorn successfully negotiated with the bank and convinced them to release the money. He then helped the family properly come into FBAR compliance for the entirety of the estate and each individual.