Exciting new series on “Voice, Body and Movement for Lawyers – How to connect with the jury and find Justice Through Dramatic Technique!”
Click here to find out moreAsset protection practitioners need to be well-versed in the relevant core concepts before endeavoring to assist their clients with a plan’s design and implementation. In the first of his new 3-part series, Barry Engel provides an in-depth introduction to the conceptual design and implementation of a client’s overall integrated estate plan. Areas of discussion include: • balancing protection with flexibility • how much of the client’s overall estate should one set out to protect • an overview of available integrated estate planning techniques • whether an integrated estate planning trust (“IEPT”) should stand alone or be integrated with the client’s overall estate plan • the trustee selection process, and whether an IEPT’s settlor(s) should act as the protector(s) of the IEPT • a comparison of domestic trusts versus foreign trusts for both asset protection and U.S. tax purposes • a comparative analysis of which domestic and foreign jurisdictions are more protective for asset protection purposes • the federal and foreign tax implications of a model asset protection plan. A model planning structure will be presented and reviewed as a case study.
