I am frequently asked isolated questions about asset protection planning. Should I consider forming a domestic asset protection trust? Do you think I should consolidate some of my real estate holdings in a limited liability company? Should my husband and I transfer joint interest in our residence to my name alone? Etc., etc.
None of
I reported in a post earlier this month that as an IRS amnesty deadline approached, more than 7,500 U.S. taxpayers had voluntarily disclosed their secret offshore accounts. Lynnley Browning reports in a November 18, 2009 New York Times article that the IRS received a flood of additional disclosures just before the deadline expired. The final number of U.S. taxpayers
It seems that U.S. lawmakers are likely to give the IRS increasing support in its recent assault on offshore accounts.
More than 7,500 U.S. taxpayers have voluntarily disclosed secret offshore accounts to the Internal Revenue Service in connection with a recent amnesty program. The program did not provide any forgiveness for tax evasion. It simply provided possible
My law offices are in the Eaton Center Building in downtown Cleveland, Ohio. So a recent headline in The Cleveland Plain Dealer Business Section — stating that Eaton might owe billions in damages in an antitrust case — naturally caught my eye. A jury in federal court in Wilmington, Delaware found that Eaton Corp has
