Tag Archives: Trust law

New Tax system is hostile to Trusts

04 Jan
Joseph Ferdinand Keppler - The Pirate Publishe - Restoration by Adam Cuerden - Trusts

The tax system is generally hostile to foreign trusts. The hostility is understandable– trusts interfere with the government’s ability to impose or collect tax. As a result, the laws are slanted against foreign trusts. Income is taxed punitively. The right paperwork must be prepared “just so” and filed on time, or massive penalties can result. […]

How To Survive The Largest Generational Wealth Transfer In Human History

29 Jul
On August 31, 2012 a long filament of solar material that had been hovering in the Sun's atmosphere, the Corona, erupted out into space - Wealth Transfer

A Family-Wealth Guru Offers 4 Insights For Choosing (Or Agreeing To Be) A Trustee The greatest transfer of wealth in history is happening right now, according to a study from the Boston College Center on Wealth and Philanthropy. A staggering amount – $59 trillion – is projected to be passed down to heirs, charities and taxes […]

Offshore Succession Planning for American’s

08 Jul
Munich subway station Candidplatz - Offshore Investment

Issue: ”Sovereign Trust – new short form trust structures which present a cost effective succession planning tool with which to hold investments” Faults: Sovereign Trust – succession planning tool U.S. Tax System is Hostile to Offshore Trusts The U.S. tax system is generally hostile to foreign trusts if there is a U.S. taxpayer involved. The […]

Regulated, Registered, Recognized Foreign Retirement Plan

21 Aug
Internal Revenue and Commerce Building, Washington DC - 402(b) Foreign Retirement Plan

NQDC-vs-402(b) – aka RAPS An alternative to the US Tax Regulations that require NQDC plans (nonqualified deferred compensation plans) to be not formally funded ( The Total Return Swap Hedge requires 25 million annual contributions.) The Alternative to Unfunded, Unhedged, or informally funded NQDC Plans: We have a number of 402(b) Foreign Retirement Plan proposals […]

Offshore Asset Protection for Brazilians

07 May
Brazil Offshore Bank

Brazilian Personal Taxation in Brief Under the Brazilian personal tax system, residents are taxed on their worldwide income, which includes interests and dividends from foreign sources. An individual is considered Brazilian resident for tax purposes if he remains in the country for 183 days, consecutive or not, during the course of a calendar year. Those […]

What a Trust Can Do

22 Nov
Trust can do

A trust may be created for any purpose that is not illegal or void as against public policy. A trust can hold title to and invest in real estate, cash, stocks, bonds, negotiable instruments and personal property. Trusts can provide care for minor children or the elderly; or pay medical, educational or other expenses. A […]