The trust law of the various US states has traditionally required trustees to administer trust property solely in the best interests of the beneficiaries, to preserve the property and make…
The laws of several US states enable a trust settlor to restrict disclosure to beneficiaries, adapting the trust form to offer a choice reflecting contemporary concerns about the confidentiality and…
Miles Padgett presents, “Integrated Wealth Management,” to the IPI-JWM Integrated Wealth Management Forum, Fall 2005.…
The American Jobs Creation Act 2004 and Internal Revenue Service (IRS) Notice 2005-1 have a significant effect on forms of non-qualified deferred compensation planning which make use of offshore ‘rabbi…
Tax professionals advising former US citizens and long-term residents should take note that the American Jobs Creation Act 2004 has eliminated the tax avoidance motive test previously applied to determine…
Miles Padgett authors, “The ‘Integration’ in Integrated Wealth Management – How Does it Work in Practice,” Journal of Wealth Management, Winter 2005…
President Bush signed the American Jobs Creation Act 2004 on October 22. Although primarily aimed at the taxation of corporations and businesses, several provisions of the act are relevant to…
Rashad Wareh presents “Tax Planning for Inbound Nonresident Aliens” at the Fiduciary Income Tax Committee of the ABA Tax Section, ABA Joint Fall Meeting in Boston, MA.…
US citizens and non-citizens who are resident in the United States are subject to US gift and estate tax on their worldwide assets, and to US income tax on their…
Most wealthy U.S. families still choose individuals rather than trust companies to serve as trustee, even for complex trusts holding very substantial assets and even though a family who can…
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