Des Americains en France
Thomas Jefferson did it in the 1790s. Ernest Hemingway did it and wrote about it in the 1920s. Today, as well, many Americans move to France to live....
Jenkens & Gilchrist: Another Shoe to Drop?
When Jenkens & Gilchrist, the 56-year-old national law firm based in Dallas, closed its doors for good in March of 2007, it also seemed to mark the end...
Planning for Clients With Multiple Sclerosis
About eight months ago, my wife was diagnosed with multiple sclerosis (MS). We immediately started to learn everything we could about the disease, so...
New Customers For Alternative Investments
A recent ruling by the Securities and Exchange Commission has made it easier for private foundations organized as not-for-profit corporations with at...
Practice Professionally
A lot of advisors, even the most reputable, groan when the word is uttered. Let's talk ethics, is like being told, Let's eat steamed broccoli. Sure, it's...
Asset Protection
You Already May Be An Asset Protection Lawyer
The mere words asset protection make some lawyers wince.1 They think asset protection is dirty and those engaged in it are the ambulance chasers of the...
Florida Surprise
To stop individuals who are on the verge of filing for bankruptcy from moving their wealth to states with laws that might better help them keep their...
Beneficiary-Controlled Trusts Can Lose Asset Protection
Advisors promote trusts as an indispensable component of the estate plan. We tout the importance of trusts for credit shelter and generation-skipping...
Alternate Uses For Self-Settled Trusts
Many advisors assume that domestic asset protection trusts (DAPTs) self-settled trusts established in the United States typically to protect trust assets...
OFFSHORE TRUSTS: CROSSING THE TS
Offshore trusts are popular estate-planning tools for a various reasons, especially legal impunity. Some offshore jurisdictions don't recognize foreign...
More Asset Protection Articles
Elder Law
A Senior Trust
Often, estate planners and elder law attorneys are faced with the challenge of trying to protect an aging client who's gradually descending into dementia...
Planning for Clients With Multiple Sclerosis
About eight months ago, my wife was diagnosed with multiple sclerosis (MS). We immediately started to learn everything we could about the disease, so...
Throw Mama From the Train
It just got harder to be old and anything short of wealthy. Chapter 2 of the new Deficit Reduction Act of 2005 (DRA) focuses exclusively on long-term...
The SNT Trap
Special needs trusts (SNTs) trusts created for the benefit of a disabled beneficiary present exciting opportunities for corporate fiduciaries. They also...
Practice Development
Jenkens & Gilchrist: Another Shoe to Drop?
When Jenkens & Gilchrist, the 56-year-old national law firm based in Dallas, closed its doors for good in March of 2007, it also seemed to mark the end...
New Customers For Alternative Investments
A recent ruling by the Securities and Exchange Commission has made it easier for private foundations organized as not-for-profit corporations with at...
Practice Professionally
A lot of advisors, even the most reputable, groan when the word is uttered. Let's talk ethics, is like being told, Let's eat steamed broccoli. Sure, it's...
Lawyers' Group Protests The Appraiser Penalties
The Pension Protection Act of 2006 (PPA)1 imposes new penalties on appraisers that are deemed to have made substantial or gross valuation misstatements....
Cold Snap for DAFs
The Pension Protection Act of 2006 (PPA), which so radically redefined the rules for supporting organizations, also transformed the rules for donor-advised...
More Practice Development Articles
International Law
Fleece the Fleeing
Giving up a U.S. passport carries a hefty new price tag. A new law subjects certain individuals who expatriate or give up their green cards to immediate...
Des Americains en France
Thomas Jefferson did it in the 1790s. Ernest Hemingway did it and wrote about it in the 1920s. Today, as well, many Americans move to France to live....
NEW U.S.-FRENCH TREATY PROTOCOLS
Carolyn DeVore of Pullman & Comley, LLC, in Westport, Conn., reports: The United States and France ratified significant protocols to their income tax...
Foreign Reporting: Get It Right
As estate planners, we love helping people, and as attorneys, we need to bill hours. So when we can help people and bill hours at the same time, you'd...
Inheriting from Abroad
Over the years, planners have found several techniques useful in helping non-U.S. families pass wealth to the next generation: offshore personal investment...
More International Law Articles
Ethics
Nailing the Lawyer For His Debtor-Client's Sins
So what exactly are fraud, fraudulent conveyance, deceit and fraudulent transfer and when are attorneys accountable? Being a trustee entails risk of personal...
DAF Kickbacks
An unethical practice is widespread among charities with donor-advised fund (DAF) programs. Financial advisors1 benefit financially from promoting and...
