Newsletters

Domestic Asset Protection Trusts: How Do They Compare With Offshore?

Howard Rosen, Esq. • March 16, 1998

In this issue we will examine the importance of proper design of the asset protection trust, and, integrally related to proper trust design, the importance of competent, experienced counsel. We’re sure you have all heard the expression, “bad facts make bad law”. That is the unfortunate circumstance of Mr. and Mrs. Anderson. Adding insult to injury, incompetent or inexperienced counsel can make matters even worse.

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”).

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.

New Cook Islands Legislation: Fine Tuning the Law

Howard Rosen, Esq. • November 15, 1996

The new law abolishes the common law “rule against perpetuities”. This means that a “dynasty” trust can now be established in the Cook Islands. Thus, you can establish a trust in the Cook Islands which will continue indefinitely.