Dear Clients, Colleagues, and Friends,
It is with great pride that we share our maiden article as an ongoing contributor to Kiplinger's Wealth Creation column. This piece, "Delaware Trust? You May Want to Consider Nevada Instead," deals with a court decision which shocked the trust & estates professional community because until now Delaware Trusts were considered virtually "bullet-proof." No one saw this coming. Congratulations to my good friend, Steve Oshins, Esq., being the first to shine light on this surprising development. Nevada appears to be the better domestic jurisdiction for support trust and asset protection trust planning. Click Here
Our upcoming Kiplinger column deals with a case involving Johnny Depp's lawsuit against his business manager and how he found himself in the unenviable position of having to sue him for $30M+. Stay tuned...
The firm continues to add quality professionals to its team. We are pleased to announce Dustin Nichols, Esq. has joined the firm as Of Counsel and in charge of the new Exemption Planning and Private Retirement Trust Division. Dustin Nichols is a distinguished faculty member and presenter for Lorman Education Services, a leading authority on exemption planning, complex estate planning, and integrated domestic and foreign asset protection planning. As a thought leader in comprehensive estate planning and asset protection planning, Dustin brings over 25 years of experience as an author and expert on the creation and implementation of Private Retirement Trusts ("PRTs") in the State of California. In fact, Dustin is one of the founders and inventors of California's administrative support service for the execution of California PRT. Dustin's book, "Asset Protection Strategies and Forms", is published by James Publishing. Click Here
Dustin's extensive experience in exemption planning will be available to aid our clients to be first in taking advantage of some of the unique and little known exemptions offered in CA, such as the Private Retirement Trust, the best protection that very few Californians have utilized or even heard of. Dustin will split his time between the Newport Beach and Redwood City offices.
We are also pleased to share the news that Ms. Jenny Wang, CPA, JD/LLM in taxation, will be joining our firm as a Senior Tax and Trusts & Estates Associate in April. Jenny earned her undergraduate degrees in Business Administration and Economics from University of California, Berkeley, and brings a wealth of experience in representing taxpayers before the IRS and Tax Court and international tax planning while at Grant Thornton. She was admitted to the CA bar in 2013. She will be working in the income tax planning, estate planning and asset protection group. Jenny also speaks two dialects of Chinese and will be assisting foreign nationals who seek to immigrate to the United States and perform the appropriate planning before seeking their green cards and other immigration status.