By Patricia Donlevy-Rosen

US Tax Law Affecting Offshore Planning

Howard Rosen, Esq. • December 1, 1997

In this issue we need to get a little bit technical: We will be discussing selected U.S. tax laws which affect the formation and operation of certain offshore entities.

Review of Offshore Jurisdictions: Jurisdiction 4 – Bahamas

Howard Rosen, Esq. • August 16, 1997

With this issue we continue our periodic review of selected offshore jurisdictions. As indicated by the above subtitle, in this issue we will review the Commonwealth of the Bahamas (“the Bahamas”).

Internal Revenue Service Targets Abusive Trust Arrangements

Howard Rosen, Esq. • July 17, 1997

Attorneys, accountants, and other professional advisors need to be aware of the significant “abusive trust arrangements” that may be solicited to clients and that may be subject to significant penalties announced in a recent IRS notice.

IRS Investigates Abusive Trusts

Howard Rosen, Esq. • April 1, 1997

For years we have been writing that offshore asset protection trusts do not offer any income tax advantages for United States citizens or residents. We have been constantly concerned about unfavorable “fallout” and/or (typical) legislative overreaction when one or more of these schemes backfired

Review of Offshore Jurisdictions (Part 3)

Howard Rosen, Esq. • March 1, 1997

With this issue we continue our periodic review of selected offshore jurisdictions. As indicated by the above subtitle, in this issue we will review Barbados.

Poorhouse Prevention

Howard Rosen, Esq. • January 17, 1997

Litigation in our society is a popular tool for the accumulation of wealth – by plaintiffs and their attorneys, who often take cases on a contingency basis. Attorneys handle lawsuits if there is any basis for a claim, and, most importantly, if there is a source of funds from which they will be paid. Asset protection planning makes the source of such funds minimal at best. If you think you do not need to secure your wealth, ask yourself: Am I absolutely certain that I will never be sued? And, if by some chance I am sued, that I will be fairly treated by our justice system? Most will answer “No!”, and wonder what they can do. Asset protection planning is the answer.