123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Legal >> View Article

Asset Protection And Management Firm In Miami

By Author: Albert Mitchell
Total Articles: 566

Athletes, doctors, attorneys and other professionals are subject to litigation and have potential to lose substantial assets.
United States federal bankruptcy laws and ERISA laws exempt certain assets from creditors. These assets can be protected for future emergencies. Asset protection is a practice of law that focuses on insulating and protecting property against creditor litigation through various methods, including the use of entities and asset protection trust in Miami. These options should be used with care else they can lead to the criminalization and loss of assets.

“Offshore Trust Protection” is an asset management firm in Miami. They offer asset management services Miami and abroad. All of their attorneys have received their LL.M (masters of law) in taxation, and they are specialized in foreign tax law. This provides advantage of tax exemptions in a legal way to investors.

An asset-protection trust is set up to avoid or mitigate the effects of taxation, divorce and bankruptcy on the beneficiary. Such trusts are limited in their effects by governments and the courts. “Offshore Trust Protection” provides leading assistance in creating asset protection trust in Miami and efficiently deals with the foreign courts and secure offshore assets of investors. This asset management firm in Miami helps in structuring assets and tax planning, irrespective of the state or country of residence. More details about asset management services in Miami is available at offshoretrustprotection.com

US laws are changed and more transparency is required by government in relation to foreign investments. It is recommended to investors considering themselves as asset protection attorney and establishing asset protection trust, to report existence of the trust and foreign investment annually to the IRS and pay taxes on income earned by such trust if the trust has any US beneficiaries. Reporting rules and realization of foreign income will apply even if the foreign trust is irrevocable. “Offshore Trust Protection” facilitated government with required records and takes care of any litigation in succession planning for future generations. Offshore structures are still the best asset protection methods to hold certain investments, however many asset protection attorneys do not have a tax background, and cannot adequately advise a US investor on an offshore trust. “Offshore Trust Protection” asset management firm in Miami has attorneys that are specialized in US tax laws and effective reporting.

Total Views: 88Word Count: 379See All articles From Author

Legal Articles

1. Divorce Lawyer Mumbai
Author: Mayur Pandya

2. 10 Ways How Rera Will Delight The Home Buyers - A Fresher Life Beckons At The Hemisphere
Author: The Hemisphere

3. Indications You Need A Personal Injury Lawyer
Author: Daniel Estes

4. 7 Habits Of A Successful Entrepreneur That The Startup Owners Should Follow
Author: Shruti Kakkar

5. Court Marriage Mumbai
Author: Mayur Pandya

6. Detective Services
Author: Mark Grover

7. Traffic Ticket Lawyer Houston Ensures Your Traffic Ticket Dismissal In The Court
Author: arricsmith

8. Private Detective London – A Private Investigator London Can Perform Discreet And Fast Background Ch
Author: Gary Lee

9. Chapter 13 Bankruptcy Lawyers In Md- Protecting Debitor And Creditor Instantaneously
Author: marylandchapter

10. Search Law Firms, Top Advocates, Lawyers
Author: Advacto legal Solutions

11. The Houston Criminal Defense Attorneys Can Help You From The Legal Charges
Author: beckylaw

12. The Experience Of Working With A Work Injury Lawyer In Pennsylvania
Author: Ryan Harvey

13. What Can Springfield Missouri Family Lawyers In Greene County Do For You?
Author: Kirk C. Stange, Esq.

14. Denton Child Custody Attorney: A Perfect And Healthy Solution
Author: Mark N John

15. 15 Common Myths About Child Custody
Author: V. Wayne Ward

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: