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Checklist Before Moving to a Foreign Country
Moving to a foreign country is not like moving out of state. Whether you are moving to take a job, or because you have decided to leave your job forever, there are numerous important steps you need to take to make sure you are ready for what is to come. Some of the...
How To Gift Real Estate To Children Tax Free
Many parents consider gifting their home to children either during lifetime or after death. However, this process involves more than just transferring the title. Understanding the tax implications and planning can help avoid unnecessary costs. Gifting Real Estate...
Six Ways Expats Put Their Wealth and Family at Risk
Few people enjoy considering what might happen to themselves, their family and their assets down the road. Although expatriates are often successful in business and future-oriented, they are busy and tend to be no exception. The following are six common mistakes...
It’s The Season of Gifting: How To Make The Best Out of Your Donations
It is the time of the year when people think a lot about making gifts to charities and family members. If you plan your gifting appropriately, it can also benefit you by reducing your income and gift taxes. That is great, because we are encouraged to make more gifts!...
Why Everyone Needs an Estate Plan
I am often asked why a person who is young without dependents or has moderate assets should have an estate plan. Isn’t it something a wealthy person does to distribute their large assets and save estate tax? My answer is that everyone who is an independent and...
What Is Required to Form a Binding Contract?
Most business owners are savvy enough to know that a contract is an enforceable agreement between two or more people or entities. However, you may or may not realize the fundamental elements of a valid contract. Understanding the basic components of a legally valid...
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