Life has gotten a whole lot more complicated than it was when I was a child in the 1970’s. My parents had keys to the house, their business, and our boat. They probably had a few other random keys as well. But they didn’t have long lists of passwords to various...
If you want to transfer your assets to a trust (a) so that your money or other assets are protected from creditors and (b) you nevertheless have access to to those assets, you basically have the following options: Option One is to create a trust that names a trust...
Why did I become a lawyer? I’ve been a lawyer for about 20 years. The reason I personally went to law school was to figure out how the world works (and do you have the opportunity to make more money). Prior to going to law school, I was a musician, and I have to admit...
I recently learned that the U.S. is actually one of the top three tax and asset protection countries in the world. The Tax Justice Network ranks the U.S. third in terms of the secrecy and scale of its offshore industry, behind Switzerland and Hong Kong but ahead of...
In the last blog post, I mentioned that moving your assets out of the U.S. (for a U.S. citizen) to a trust under Cooks Islands law gives you enormous leverage. So how do you get over the hurdle that most people don’t want to send their assets to a strange trust...