20th Jul 2010

Yankee’s owner, George Steinbrenner died on July 13, 2010 leaving his family an estimated $1.1 Billion Estate! And, under the current 2010 tax law, his estate will pay NO ESTATE TAXES? That’s right!   Congress and the President have not … more

THE REALITIES OF OFFSHORE ASSET PROTECTION

By : | Category : Assets, bank accounts, banks, Clients, Confidentiality, Financial Planning, Law | Comments Off on THE REALITIES OF OFFSHORE ASSET PROTECTION

9th Jul 2010

The days of moving money to an offshore account are gone — The United States is the only industrialized nation that taxes its overseas citizens, subjecting them to double taxation:   taxation in the US and in the country of residence.   … more

DOING THE RIGHT THING

By : | Category : Assets, Clients, Estate Planning, Family Trusts, Law, Legal Advice | Comments Off on DOING THE RIGHT THING

21st Jun 2010

a As I head for trial starting next Monday in Los Angeles Superior Court defending a nonprofit corporation against claims made by former members, I am reminded of how important it is to “do the right thing”. Litigation always seems … more