When you report the 1099-DIV, there is a line with a checkbox in the program that says My form has info in more than one of these boxes. Check the box and record the foreign taxes paid in Box 7 after the drop down appears.
You can deduct management fees in federal>deductions and credits>other deduction and credits>legal fees. This will not make much of an impact in the return since your child will not be itemizing expenses. You can enter this in your return however and may be able to claim if you itemize.
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