Blog Posts
FATCA—Should You Be Worried?
Unlike most other developed countries in the world, the US taxes its citizens who live abroad, insisting on their paying income tax on foreign earned income, be that salary or investment income. FATCA, or the Foreign Account Tax Compliance Act, was passed in 2010 in an ongoing effort to clamp down on tax evasion abroad, […]
Why Protecting Your Assets Now Is Your Best Bet
Everyone knows that being proactive is far better and more effective than being reactive. Being proactive means taking the time to make solid decisions that protect your endeavors, and is always preferable to making impulse decisions in haste or waiting until it is too late. In the realm of asset protection, reactively attempting to shield […]
Is My Business at Risk?
Anyone who owns a business knows there are risks involved. However, often we mistakenly think of these risks as being limited to factors like marketplace demand, natural disasters (hurricanes, floods, etc.), the current state of the economy, uncertainties regarding the owner/manager’s health and potential disability, etc. Yet, liability goes beyond those factors. We live in […]
Who Should Protect Their Assets, When, and Why?
Asset protection is not merely the purview of the wealthy. If you accrue assets of any kind, whether they be investment accounts, art work/collectibles, real estate, etc., or simply your primary home, car, and basic savings, you have worked hard to acquire them. You value what they are, what they represent to you. Merriam-Webster defines […]