The right combination of asset protection strategies depends on your needs and many varying factors. If you live, work or own a business in Henderson, Nevada, then we have an office conveniently located near you....
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The right combination of asset protection strategies depends on your needs and many varying factors. If you live, work or own a business in Las Vegas, Nevada, then we have an office conveniently located near you. You can visit us during working hours or on your lunch break....
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Business entities, trusts, ownerships (e.g., joint, individual or corporate), on-shore or off-shore assets, the types and values of the assets, whether foreign taxes have been paid in relation to those assets, length of the holding period of the assets, and a number of other factors....
Continue readingThe person who establishes or creates a Trust is called the Settlor, Trustor, Donor, or Grantor. If a Settlor received benefit from the trust in any way, such as receiving distributions, retention of power to serve as a trustee or amend the trust, old trust law allowed for creditors to satisfy debts by using the assets within the trust....
Continue readingAfter September 11, 2001, the United States enacted regulations that required all holdings and offshore trusts for U.S. citizens or resident aliens to be reported to the Internal Revenue Service (IRS). Part of the reason off-shore trusts are used as part of an asset protection strategy is to keep assets protected from litigation in the United States court system....
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