Many High-Net-Worth People Haven’t Taken Critical Estate-Planning Steps

More than one-third of individuals (38%) with a net worth over $1 million haven’t taken the basic steps necessary to secure their wealth in the event something happens to them, a ...

Looking Forward at Asset Protection Strategies

If you have an asset protection plan in place, a periodic review of your strategy is critical. Tax laws and economic conditions change, as do your personal circumstances, and your ...

Choosing a Tax Attorney for Business Owners

Choosing a tax attorney requires careful consideration, to ensure you select an experienced professional who can provide the level of expertise and assistance you need. If you own ...

Keeping a Focus on the Purpose of Captive Insurance Co. Formation

Captive insurance companies (CICs) face increased scrutiny by the IRS, due to what the government views as a high risk of illegal tax avoidance or evasion. As a result, promot ...

Using 1031 Exchanges in Estate Planning

For purposes of complex estate planning and wealth preservation, a 1031 tax-deferred exchange can provide an effective means of deferring the recognition of — and, hence, the tax ...