Explore the most common types of trusts used in US estate planning—from ILITs and SLATs to CRTs and Dynasty Trusts. Learn how each structure serves unique financial and family goals, including tax minimization, asset protection, and long-term wealth transfer.

The One Big Beautiful Bill Act (OBBBA) introduces sweeping changes to estate and gift tax regulations, reshaping wealth planning strategies for individuals and families. This article breaks down the key provisions and explores how they may affect your financial future.

Choosing between a revocable and irrevocable trust is a key decision in U.S. estate planning. This article explores the benefits, limitations, and tax implications of each trust type, helping individuals prioritize flexibility, control, or asset protection

Wills vs. Trusts: Which is Right for Your Estate Plan? Wills provide a straightforward way to direct asset distribution after death, but they offer limited privacy, no tax benefits, and can be contested. Trusts, on the other hand, give you greater control, confidentiality, and potential estate tax savings—while avoiding probate entirely. Learn how each tool works, their pros and cons, and why many high-net-worth individuals use both to protect wealth and ensure a smooth trans

The FBAR is an annual report that US persons must submit if they have non-US financial accounts whose combined value exceeds $10,000 in a given year. The deadline is on April 15th, but with an automatic extention to October 15th. Penalty for NOT filing: (per violation) $10,000 up to $100,000 or half the value of your account - whichever is higher.

What are the benefits of having an effective estate plan?  Maintain financial privacy after your death. Specify exactly who receives what from your estate. Prevent family conflict over division of your estate. If you have significant wealth, ensure the financial security of future generations in your family. Ensure that your children are provided for in the event of an untimely death. Reduce the impact of estate taxes on your asset.

If you’re a US citizen living abroad and haven’t filed your US taxes in years, you’re not alone. Many Americans overseas are surprised to learn they still have IRS obligations. The good news? You may be eligible for a penalty-free way to catch up.

What is FATCA? We understand how stressful and frustrating it can be to deal with complex tax reporting obligations like the FATCA(肥咖) and FBAR(肥爸), and we’re here to help.

Incorrect filing status and claiming improper dependents on your US tax returns affect how much tax you owe or refund.