Commentary on The New York Times article by Patricia Cohen Steven J. Oshins, a Nevada lawyer who specializes in estate planning, has never met the wealthy software entrepreneur Dan Kloiber, but he is nonetheless intensely interested in Mr. Kloiber's contentious divorce.
"I have had a Google news alert on that for a couple years," Mr. Oshins said as he discussed the case from his office in a squat pink complex about a 20-minute drive from the Las Vegas Strip. What animates Mr. Oshins is not the juicy marital feud, but the legal arcana governing a trust in Delaware where the Kloiber family parked assets worth hundreds of million of dollars, sheltered from estate taxes. Mr. Oshins, with a gleeful grin spreading across his face, relished the thought of the no-longer-beloved Mrs. Kloiber busting through the trust and exposing a potential chink in the formidable trust protection armor promised by Delaware — which just happens to fiercely compete with Nevada for the lucrative business of shielding assets owned by the superrich. Read more from the New York Times: http://www.nytimes.com/2016/08/09/business/states-vie-to-protect-the-wealth-of-the-1-percent.html
August 9, 2016
More Articles
Finding Value in Securitized Credit: Manulife John Hancock’s JHMB ETF Targets Underused Bond Market
Many portfolios ignore securitized credit—one of the largest bond segments. The John Hancock Mortgage-Backed Securities ETF (JHMB) changes that, offering attractive yield and professional access to agency MBS and securitized assets. With yields matching corporate bonds’ and floating-rate opportunities emerging, this $155M strategy (as of September 10, 2025) from Manulife John Hancock Investments represents a compelling entry point into an underrepresented market.
Katy Perry’s Team Seeks $5M In Damages From Dying Flower Shop Mogul After Years-Long Legal Fight Over Mansion
You might know that pop star Katy Perry has been in a dispute over her $15 million Montecito mansion for years.