Posts by Rick Durfee
Expat Estate Planning
The expat lifestyle as a certain allure and mystique. Entertainment media serves up a stereotype image of wealthy Americans living the good life in far away places. The physical and emotional disconnect with the U.S. that expats find enjoyable also triggers huge problems for Expat Estate Planning. There seems to be a growing number of…
Read MoreNaked LLC
Imagine that you must appear in public. You go to your closet. There is nothing there. You will be on display for the whole world to seem completely naked. What is a Naked LLC? Going out in public naked is what it is like to operate a business in a “naked LLC”. You are completely…
Read MoreOld ILIT New Solutions
There are many ways to modify or update an irrevocable trust. Find out how.
Read MoreWhat is a Dynasty Trust?
A “Dynasty Trust” is a Trust designed to hold and protect property over multiple generations. Such trusts take advantage of jurisdictions that have abolished laws that require termination such as the Rule Against Perpetuities. They also take advantage of tax rules to minimize or eliminate multi-generation estate taxes. Because such Trusts are designed to last…
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