A Legal Moment

Offshore Accounts? Hiding Assets? Who, Me? The FinCEN, the FBAR, and the FATCA.
Trusts & Estates, Gay P Vinson Philip Roth Trusts & Estates, Gay P Vinson Philip Roth

Offshore Accounts? Hiding Assets? Who, Me? The FinCEN, the FBAR, and the FATCA.

   Many U.S. citizens or residents own bank and other financial accounts located outside the United States for perfectly legitimate reasons, but some may be unintentionally running afoul of "money laundering" laws -- and risking stiff penalties -- by not annually reporting those accounts when the value exceeds $10,000.

Read More
2019 Estate & Gift Tax Update
Trusts & Estates, Gay P Vinson Philip Roth Trusts & Estates, Gay P Vinson Philip Roth

2019 Estate & Gift Tax Update

   2019 continues the recent trend of an historically large federal unified exemption amount for bequests and lifetime gift-giving, and because of this significant change from earlier years, careful review of tax planning provisions in existing estate planning documents is warranted ‒ as well as consideration of lifetime gift planning.

Read More