March 2022

Analysis by Mark Lobb Asset Protection: Offshore and Domestic Trust Analysis The exotic sounding foreign asset protection trust aka offshore trust continues to be heavily marketed by promoters. Jurisdictions such as Barbados, British Virgin Islands, Cayman Islands and Cook Islands are just a few of the asset protection or tax havens embraced by promoters. I […]

The Generation-Skipping Tax (sometimes abbreviated as “GST”) can have a huge impact on the assets you plan on leaving to your heirs if not properly planned for. GST can apply when a grandparent leaves assets to a grandchild – skipping over their parents in the line of inheritance. If you are thinking about passing assets