If one has an inheritance of over $500k that is located in the United States with no legal paperwork yet done in order to acquire it (it is currently sitting in a family member's bank account) then what is the best way (with paying the lowest amount of taxes as well as avoiding as many legal procedures as possible) to transfer the money to a foreign bank account? This can be done in a span of many years instead of all at once.

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The best way to transfer the money to a foreign bank account would be ... View the full answer