I think I know the answer to this question, but, having children is new to me so I'm asking anyway...
If my dual-citizen child has been given a savings account by their British grandparents, does she need to file an FBAR?
I don't have "signatory powers" on it, and I'm not sure that she has, either, but she definitely has a "financial interest" in it, so I'm thinking that I need to file one on her behalf. Is that correct?