Tag: Patricia Donlevy-Rosen

State Exemption Laws: Pitfalls to Avoid (Part 2)

Howard Rosen, Esq. • June 1, 2004

All states provide some degree of “asset protection” through their state exemption laws. Such laws shield certain types of assets, such as homestead, wages, annuities, life insurance and retirement funds from creditor claims. This issue of the APN is the second of two parts addressing the most frequent errors people make in attempting to implement asset protection on their own by using (or failing to use) state exemption laws.

The Importance of Proper Asset Protection Design

Howard Rosen, Esq. • October 1, 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”.

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.

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.

Tenancy by the Entireties: Protection No More!

Howard Rosen, Esq. • September 1, 1996

This issue was scheduled to be a review of Barbados. However, a decision in a recent case which may put at risk certain “do-it-yourself” protection techniques was handed down, and is discussed in this issue.