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By Sam Phillips

Asset Protection Trusts – Domestic & Offshore

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”.

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“Domestic Asset Protection Trusts Can Fail” says Estate Planning Expert

“Domestic Asset Protection Trusts Can Fail” says Estate Planning Expert

A battle is raging between US-based attorneys over the use of Domestic Asset Protection Trusts (DAPTs) or their offshore counterparts (Foreign Asset Protection Trusts or FAPTs). Fifteen states (and counting) have enacted some form of asset protection trust legislation, but the efficacy of these DAPTs has been called into question since inception. At the 48th […]

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E-Filing Requirement for FBAR

E-Filing Requirement for FBAR

Effective July 1, 2013, those required to file FBARs (Report of Foreign Bank and Financial Accounts) must do so online through an e-filing portal on the Department of the Treasury’s website.

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Madoff Claw-back Case Reveals Flawed Asset Protection

Madoff Claw-back Case Reveals Flawed Asset Protection

Attorneys of Donlevy-Rosen & Rosen analyze how a former Madoff client lost everything to a shaky asset protection plan

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BNA Publishes Partners’ Article on Ohio Asset Protection Law

BNA Publishes Partners’ Article on Ohio Asset Protection Law

This month’s publication of BNA Tax Management’s Estates, Gifts and Trusts Journal includes a new article by Howard Rosen, Esq. and Patricia Donlevy-Rosen, Esq. titled “A Review and Critique of the Asset Protection Aspects of The 2013 Ohio Legacy Trust Act.”

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6 Lessons from Report on Foreign Trust Abuse

6 Lessons from Report on Foreign Trust Abuse

A recent ICIJ report details the abuse of offshore trusts and accounts for tax evasion and money laundering. The report serves as a reminder that there are significant risks associated with improper planning and dealing with inexperienced planners. We have identified six lessons that the report provides on dealing with offshore trusts and accounts.

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