Changing Domicile for Tax Benefits and Asset Protection
CPAs should consider another, more pressing concern that may motivate certain individuals to consider changing domicile: asset protection.
CPAs should consider another, more pressing concern that may motivate certain individuals to consider changing domicile: asset protection.
Before the days of income and estate taxes, adult children just moved into the family home after their parents died. It’s not that simple anymore.
Singleton was widely hailed as an innovative director after bursting onto the Hollywood scene in 1991 with his revolutionary movie, Boyz n the Hood.
A new bill seeks to fix the "increasing wealth inequality by strengthening the estate tax and ensuring the wealthiest among us pay their fair share."
Michael Jackson remains the King of Pop even in death, topping the list for the seventh consecutive year with $60 million in pretax income.
Despite a stinging "good riddance" tweet from New York's governor, the president's home state may not let him go to Florida without a fight.
State chartered trust companies offer supportive, localized trust solutions, yet face operational impediments when asked to serve outside their home state borders.