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?
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?
Individuals should proceed with caution and utilize experienced counsel when titling new assets or transferring title to existing assets. This issue of the APN is the first of two parts addressing the most frequent failings of individuals attempting to implement do-it-yourself asset protection by titling/retitling assets.
A group trust is a trust settled (created) by four or more individuals (for this purpose, a married couple counts as one individual). This technique was developed by Donlevy-Rosen & Rosen, P.A. in 2004 in response to a common problem faced by clients: often a client expressed concern not only about his/her own financial well-being, but also about others participating with the client in a business venture or other common pursuit.
An entity trust is a trust settled (created) by an entity, such as a corporation, limited liability company, trust, or partnership. An entity trust might also be settled by an appropriate group of entities, such as a related or commonly owned group of corporations, limited liability companies, trusts, or partnerships.
On April 4, 2005, the United States Supreme Court handed down its decision in Rousey v. Jacoway, a case addressing the issue of exempting individual retirement accounts (IRAs) from federal bankruptcy proceedings. The decision was widely hailed in the financial press, with such headlines as “High Court Rules IRAs Untouchable – Unanimous Decision Means Retirement Savings Are Protected From Creditors”.
PEST CONTROL – A RISKY BUSINESS: WHAT YOU NEED TO DO TO PROTECT YOURSELF
By: Howard Rosen, Attorney, © 2021 Donlevy-Rosen & Rosen, P.A. Direct line: 305-459-3289 Anyone in the pest control business (PCB) is aware of the risks and controversies involved in that business. Most commonly, there is always the everyday risk of an employee getting into a serious automobile accident with a company vehicle, particularly since companies […]
SIGNIFICANT TAX PLANNING OPPORTUNITY MAY SOON DISAPPEAR
2020 – OUR 28th YEAR OF PUBLICATION! Volume XXVII • Number 3 • September 2020 TIME IS OF THE ESSENCE – TAKE ADVANTAGE NOW INTRODUCTION As you know, the Trump tax cuts (2017 Tax Cuts and Jobs Act) created unprecedented opportunities for individuals and families to transfer their legacies in a tax-efficient manner. These cuts […]
UNIFORM GIFTS TO MINORS ACCOUNTS – PROTECTING THEM FROM YOUR CHILD, YOUR CREDITORS, AND OTHERS
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 […]
SIGNIFICANT TAX PLANNING OPPORTUNITY MAY SOON DISAPPEAR
2020 – OUR 28th YEAR OF PUBLICATION! Volume XXVII • Number 3 • September 2020 TIME IS OF THE ESSENCE – TAKE ADVANTAGE NOW INTRODUCTION As you know, the Trump tax cuts (2017 Tax Cuts and Jobs Act) created unprecedented opportunities for individuals and families to transfer their legacies in a tax-efficient manner. These cuts […]
HOW TO SELECT AN ASSET PROTECTION ATTORNEY
14 questions to ask your prospective lawyer about asset protection.
CAN YOU BE LIABLE FOR YOUR TEENAGER’S ACTS? YES YOU CAN BE!
“A liability nightmare scenario can result where one parent signs the teen’s license application and the teen drives a car owned by the other parent (or a car jointly owned by both parents).”
PEST CONTROL – A RISKY BUSINESS: WHAT YOU NEED TO DO TO PROTECT YOURSELF
By: Howard Rosen, Attorney, © 2021 Donlevy-Rosen & Rosen, P.A. Direct line: 305-459-3289 Anyone in the pest control business (PCB) is aware of the risks and controversies involved in that business. Most commonly, there is always the everyday risk of an employee getting into a serious automobile accident with a company vehicle, particularly since companies […]
SIGNIFICANT TAX PLANNING OPPORTUNITY MAY SOON DISAPPEAR
2020 – OUR 28th YEAR OF PUBLICATION! Volume XXVII • Number 3 • September 2020 TIME IS OF THE ESSENCE – TAKE ADVANTAGE NOW INTRODUCTION As you know, the Trump tax cuts (2017 Tax Cuts and Jobs Act) created unprecedented opportunities for individuals and families to transfer their legacies in a tax-efficient manner. These cuts […]
REAL ESTATE PROTECTION – WHITE PAPER
CLICK HERE FOR REAL ESTATE PROTECTION WHITE PAPER CLICK HERE FOR PATRICIA DONLEVY-ROSEN VIDEO ON REAL ESTATE PROTECTION
HOW TO SELECT AN ASSET PROTECTION ATTORNEY
14 questions to ask your prospective lawyer about asset protection.
UNIFORM GIFTS TO MINORS ACCOUNTS – PROTECTING THEM FROM YOUR CHILD, YOUR CREDITORS, AND OTHERS
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 […]
FINANCING / SERVICING THE TRIBAL LENDING ENTERPRISE: WHAT YOU NEED TO DO TO PROTECT YOURSELF
By: Howard Rosen, Attorney, © 2020 Donlevy-Rosen & Rosen, P.A. Published by: https://thebusinessoflending.com/the-blog/ on May 14, 2020 Anyone in the business of financing or servicing a tribal lending enterprise (TLE) is aware of the controversies involved in that business. Notwithstanding the facts that numerous court cases have supported tribes’ ability to carry on these businesses, […]
SIGNIFICANT TAX PLANNING OPPORTUNITY MAY SOON DISAPPEAR
2020 – OUR 28th YEAR OF PUBLICATION! Volume XXVII • Number 3 • September 2020 TIME IS OF THE ESSENCE – TAKE ADVANTAGE NOW INTRODUCTION As you know, the Trump tax cuts (2017 Tax Cuts and Jobs Act) created unprecedented opportunities for individuals and families to transfer their legacies in a tax-efficient manner. These cuts […]
HOW TO SELECT AN ASSET PROTECTION ATTORNEY
14 questions to ask your prospective lawyer about asset protection.
UNIFORM GIFTS TO MINORS ACCOUNTS – PROTECTING THEM FROM YOUR CHILD, YOUR CREDITORS, AND OTHERS
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 […]
CAN YOU BE LIABLE FOR YOUR TEENAGER’S ACTS? YES YOU CAN BE!
“A liability nightmare scenario can result where one parent signs the teen’s license application and the teen drives a car owned by the other parent (or a car jointly owned by both parents).”
WHO SHOULD BE THE TRUST PROTECTOR OF YOUR ASSET PROTECTION TRUST? IT REALLY DOES MATTER!
What is a “trust protector”? Although our common law of trusts dates back almost 1,000 years, the concept of the trust protector is a 20th century development, primarily used in offshore asset protection trusts.
OFFSHORE TRUSTS & OFFSHORE ACCOUNTS: WHAT’S THE DIFFERENCE?
Potential clients often call us asking if we can set up an “offshore account” for them. Is this what they really mean, or are they (or should they be) asking about an offshore trust? In this issue we’ll compare the asset protection efficacy of an individual establishing an offshore account versus establishing an offshore trust which itself establishes an offshore account.
Legal Education Program Sponsored by the Osgoode Hall Law School
April 23 2019 Both Patricia and Howard will participate in a nationwide Canadian continuing legal education program sponsored by the Osgoode Hall Law School (at York University, Toronto, Canada). Howard will discuss drafting strategies for the offshore asset protection trust and Patricia will discuss special techniques for protecting real estate from creditors.
Southpac Offshore Planning Institute at the Four Seasons Hotel in Nevis
May 1 – 3 2019 Both Patricia and Howard will participate in the Southpac Offshore Planning Institute at the Four Seasons Hotel in Nevis. Howard will discuss both drafting strategies and federal tax reporting requirements for the offshore asset protection trust and Patricia will discuss special techniques for protecting real estate from creditors. Both Patricia […]
Continuing legal education program for the Dallas Bar Association
June 7 2019 Both Patricia and Howard will be presenting a continuing legal education program for the Dallas Bar Association. Howard will discuss drafting strategies for the offshore asset protection trust and Patricia will discuss special techniques for protecting real estate from creditors.
Continuing education program for attorneys and CPA’s sponsored by the National Business Institute
September 17 & 19 2019 Both Patricia and Howard will participate in a continuing education program for attorneys and CPA’s sponsored by the National Business Institute (in both Miami & West Palm Beach, Florida).
Asset Protection Planning With Offshore Trusts
October 14 2019 Howard will present “Asset Protection Planning With Offshore Trusts” in a continuing legal education program sponsored by the Orange County Bar Association (Florida).
Asset Protection Trusts – Domestic & Offshore
October 29 2019 Howard will participate in a continuing education program for attorneys and CPA’s sponsored by the National Business Institute (in Pembroke Pines, Florida). His topic will be “Asset Protection Trusts – Domestic & Offshore”.
Protecting IRAs and other retirement plans (video)
How can you protect IRAs and other retirement plans? Patricia Donlevy-Rosen explains.
What is an offshore trust? (video)
What is an offshore trust and how it is used in asset protection? Howard Rosen answers these questions and more in this video.
Tax benefits and consequences of an offshore trust (video)
Howard Rosen discusses the tax consequences of implementing an offshore trust.
REAL ESTATE PROTECTION – WHITE PAPER
CLICK HERE FOR REAL ESTATE PROTECTION WHITE PAPER CLICK HERE FOR PATRICIA DONLEVY-ROSEN VIDEO ON REAL ESTATE PROTECTION
How can loans protect real estate? (video)
Patricia Donlevy-Rosen explains how loans can be used to protect real estate.
How do you protect immovable assets? (video)
How can you protect assets that are stuck in the US? Patricia Donlevy-Rosen presents some advanced techniques that can accomplish just that.
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