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...
This question is like asking, “Should my baby get vaccinated?” Sure, the chance of getting polio in the U.S. is now quite low (due to the push in years past to vaccinate all children). But … if your child is unlucky enough to get polio, he or she could end up in a...
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...
The Full Faith and Credit Clause is found at Article IV, Section 1 of the U.S. Constitution. It states: Full Faith and Credit shall be given in each State to the public Acts, Records, and judicial Proceedings of every other State. And the Congress may by general Laws...
