Tag: Limited Liability Company

UNIFORM GIFTS TO MINORS ACCOUNTS – PROTECTING THEM FROM YOUR CHILD, YOUR CREDITORS, AND OTHERS

Howard Rosen, Esq. • July 20, 2020

2020 – OUR 28th YEAR OF PUBLICATION! Volume XXVII • Number 2 • July / August 2020 INTRODUCTION. Parents and other relatives often establish financial accounts for minor children as a means of making a “controllable” gift to a minor. This is accomplished by establishing a custodial account at a financial institution for the benefit […]

Cook Islands LLC Legislation: A Long Time Coming

Howard Rosen, Esq. • July 21, 2008

A lengthy legal ordeal has finally ended for Merry Morris. Much has been written about her case, most of it inaccurate, according to Merry, whom we interviewed on September 25, 2008. We want to present the truth about her case, and what better source for the truth than Merry?

Trusts – a ‘Limited’ Combination

Howard Rosen, Esq. • June 17, 2001

There is now available a superior trust structure in which a single-member Nevis limited liability company (LLC) is used in combination with a Cook Islands trust.

Offshore Trust / Offshore LLC Combination: Significant Improvement Over Partnership / Trust Structure

Howard Rosen, Esq. • April 20, 2001

Volume X, Number 1 – April / May 2001 INTRODUCTION Many of our newsletter issues and articles have described an effective asset protection plan utilizing a U.S. limited partnership in combination with an offshore trust (“LP/TRUST PLAN”). In this issue, we discuss an additional, and in many ways, a superior structure utilizing a single-member Nevis […]

Limited Liability Companies: Ready for Prime Time?

Howard Rosen, Esq. • May 1, 1995

Limited liability companies are being utilized more and more as one state after another adopts a version of a limited liability company statute. A Uniform Limited Liability Company Act was proposed in August, 1994, but as of this writing, no state has adopted it.