US tax authorities have initiated a new voluntary disclosure program for US taxpayers with foreign accounts on January 9, 2012. The IRS also noted s...
Why You Must Complete Family Dynasty Planning Now
On November 10, 2011, the IRS issued final regulations which permit it to “list” common planning transactions designed to reduce or eliminate the ...
IRS Releases Guidance on Foreign Financial Asset Reporting
Today, December 15, 2011, the U.S. Treasury just released their “Guidance on Foreign Financial Asset Reporting” for years beginning with 2011 and ...
More tax changes for end of year stock sales
Over the years, I have probably prepared thousands of tax returns, from the straightforward to the very complex. Tax returns that are a few pages in...
FLEX TRUST
For most of us, our homes are much more than merely a collection of building materials held together by nails and two by fours. Instead our homes are ...
Eliminating “He Said/She Said” in Cohabitation Cases Using Cell Tower Location Records
In family law, the ability to prove or disprove the whereabouts of a person many times becomes the centerpiece of proving the cohabitation element of ...
Powerful Uses of a 1st-to-die Rider on a 2nd-to-die Life Insurance Policy
This will be one of my simplest and yet powerful newsletters. If you want to learn about the product discussed and the few companies that have this un...
Clean “Bills” Of Health
End of the year asset protection “planning season” is upon us, so what should you do in order to make sure you have a clean “bill...
Single Member LLCs – Meyer V. Christie
In the recent case of Meyer V. Christie [1] the District Court of Kansas issued a charging order against a single member limited liability company (...
Asset Protection of Cash Value Life Insurance, Annuities, and IRAs
Here at the Asset Protection Society (APS™) we stress the importance of protecting ALL of your assets. Every estate plan should include asset pr...