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Expatriation: Is It Simply the Best? Lessons from Tina Turner’s Estate
Expatriation: Is It Simply the Best? Lessons from Tina Turner’s Estate
The death of Tina Turner brought to light a high-profile example of an American who expatriated and how that can affect taxes. Her estate may owe no U.S. estate taxes because she gave up her U.S. citizenship. While many wealthy individuals would love to achieve the...
How to Choose a Trustee
How to Choose a Trustee
When establishing a trust, choosing a trustee is one of the most important decisions you will make. The trustee will have control over the assets of the trust and will control the distribution of these assets to the beneficiaries. Depending upon the size and type...
Does It Matter Where You Incorporate Your Business?
Does It Matter Where You Incorporate Your Business?
One of the first decisions you must make when starting a business is where to incorporate. If you plan to create a corporation (LLC, S-Corp, or C-Corp), you can select virtually any state to incorporate your business. However, you should review your options...
Lessons Learned from a Construction Contract to Help You in Any Legal Dispute
Lessons Learned from a Construction Contract to Help You in Any Legal Dispute
Contracts are so commonplace that we don’t always give them the attention they deserve until there is a problem. While the details of a particular contract may be unique, certain issues tend to come up often regardless of what kind of agreement is involved and the...
How Can Asset Protection Planning Be Used to Protect Separate Property in Divorce?
How Can Asset Protection Planning Be Used to Protect Separate Property in Divorce?
Asset protection planning is the mechanism whereby an individual attempts to safeguard property from potential creditors. However, in the context of a divorce, it refers to one spouse’s ability or attempt to protect his or her assets from the other spouse. Some...
Should You Move to Another State?
Should You Move to Another State?
Many people dream of moving to another state where the weather is better, the cost of living and taxes are lower, or the lifestyle just seems preferable to where they are now. However, making a move is a big decision and some of the information online about...