exitpoll replied to the topic More on Discretionary Family Trusts – how to do it in the forum Help Needed! 13 years, 11 months ago
I’m no accountant, but following both the Accountant and Dan’s thinking, you might be able to borrow money to lend to the trust, NOT with the intention of earning a distribution from the trust (because the trust’s income distribution is discretionary), but rather with the intention of earning a rate return a couple of points (or more) higher than…[Read more]
exitpoll replied to the topic Wyoming, Nevada, Delaware, Florida – Structure Formation – I’m SO confused! in the forum Overseas Deals 13 years, 11 months ago
2 reasons. 1. From all that I've read, Delaware, generally speaking, really only lends its full benefits to larger corps. 2. Delaware has _long_ been known as a tax " "…. dodge …" " state and so raises an immediate flag should anything ever happen such that someone wants to look into you or your affairs. Happy to take the quieter route.…
exitpoll replied to the topic Wyoming, Nevada, Delaware, Florida – Structure Formation – I’m SO confused! in the forum Overseas Deals 13 years, 11 months ago
Thanks the response Tapfuma, Perhaps I am misreading your response, but it was my intention to delclare that I am happy to completely avoid Delaware. And so was looking more for information on the other 3.
exitpoll replied to the topic Have found opportunities, now need to find a syndicate. in the forum Hi Martha,
I too would 13 years, 11 months agoHi Martha, I too would welcome your PM. EP
exitpoll replied to the topic Is it best to buy in an LLC or in own name? in the forum Overseas Deals 13 years, 11 months ago
To Marthamel, I would also be grateful to get the name of your attorneys for incorporation. I have spent the better part of 4 weeks trying to find the right person and am starting to fret. MTiA