Slow and steady wins the race, so they say. But what happens if just before the finish line, the hare picks up the tortoise, places him back at the halfway point, and races to an unheralded victory? Think of your retirement savings as the tortoise, and taxes as the hare. After you have accumulated your… Read more »
A wealthy foreign national (let’s say his name is Benson) with heirs in the United States could have a problem. The 2017 Tax Cuts and Jobs Act has created a land mine of penalties and taxes for those who are not careful when transferring assets to US-based individuals. Outlined below are a few solutions to help… Read more »
“Dad, Sandra and I have been thinking about how we can best take care of you when you get older. When can we set aside some time to talk about your plans and expectations?” Chances are, your parents have been thinking about this very issue, but didn’t know how to bring it up. When you finally… Read more »
