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, their clients, and their client’s trustees need to understand how to properly fund and then administer an integrated estate planning trust (“IEPT”) on a day-to-day basis in order to assist with maintaining the plan’s integrity in the event the plan is ever challenged, whether in litigation or otherwise. In the second of his new 3-part series, Barry Engel covers the following topics: • federal and foreign tax compliance and reporting • anti-money laundering compliance • trustee and third-party due diligence • documenting property transfers • the differences between, and properly documenting, outright distributions and loans • the payment of taxes due on phantom income from an IEPT • whether real estate should be held in an integrated estate planning structure • advising on where in the overall structure title to property should be transferred • refinancing mortgages • suggestions on how to protect one’s professional practice or operating business as part of the overall integrated estate plan • the creation of additional trusts by already-existing IEPTs • annual meetings of trustees and advisors
