Become a Resident of Puerto Rico…

PAY 4% TAX RATE ON ACTIVE INCOME AND NO TAX ON PASSIVE INCOME… Dear Clients, Colleagues, and Friends, The just-released version of this Client Alert mandates a correction. Only Resident Aliens of Puerto Rico qualify for estate tax treatment, not United States citizens, as erroneously reported. (Occasionally we get it wrong and when we discover our mistake, we immediately rectify.) This is not a typo. Yes, you can reduce the tax on your active income to 4% and eliminate the […]

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THE GUN TRUST – Owning Your Guns & Other Restricted Firearms

Dear Clients, Colleagues, and Friends, Many of our firm’s clients are avid gun collectors and shooting enthusiasts, and are very concerned about the new and proposed restricted gun laws and their draconian penalties.  These folks are law abiding people who enjoy recreational shooting and collecting weapons, some of which have made the list of restricted weapons, and whose ownership or sale is restricted under state and Federal law.  The Gun Trust is the right vehicle for these people and others […]

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