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 […]

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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 […]

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What Every Successful Investor/Businessman Should Know About Cook Islands Asset Protection Trusts

If you currently have an offshore trust, or are considering establishing one, and want to better understand who administers these trusts and what makes them so effecive, plan to join me when I travel to Rarotonga, Cook Islands, on March 24-31, 2013. For our clients who have already established a Cook Islands trust, and for many of those who are considering establishing a Cook Islands trust for additional “firewall” protection, […]

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