Nevada Restricted LLC/LP – How to Get Larger Valuation Discount

By Steven J. Oshins, Esq., AEP (Distinguished) A large part of estate planning involves using techniques to compress value to transfer assets of larger value to the next generation with minimal taxes. To do this, estate planners often use family limited liability companies and family limited partnerships to facilitate gifting and installment sales of minority…

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How Estate Planning Firms Use Pay-Per-Click Advertising Responsibly

By Foster Web Marketing Pay-per-click advertising (PPC) isn’t as easy or cheap as some marketing companies would have you believe. It’s a highly competitive marketing channel, especially for lawyers. That constant competition drives up the cost of popular keywords, even when those keywords aren’t necessarily effective at attracting the clients and cases you want. It also…

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SLATs and the Reciprocal Trust Doctrine: Just Because Nearly Everyone Is Violating It Doesn’t Make It Okay

By Steven J. Oshins, Esq., AEP (Distinguished) What is a Spousal Lifetime Access Trust? A Spousal Lifetime Access Trust (“SLAT”) is an irrevocable trust set up by one spouse for the benefit of the other spouse and other beneficiaries. The most frequently used version is the completed gift SLAT although incomplete gift SLATs can be…

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State Trust Jurisdictional Wars: Where the States Stand in 2024

By Steven J. Oshins, Esq., AEP (Distinguished) Which jurisdiction do you use to situs your trusts?  Let’s look at the most popular trust jurisdictions. Alaska If we went back in time about a decade, the Big Four trust jurisdictions were Alaska, Delaware, Nevada and South Dakota.  But somewhere along the way, Alaska seemed to have…

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Asset Protection Goals and Probabilities

By Steven J. Oshins, Esq., AEP (Distinguished) A Game of Probabilities Asset protection is a game of probabilities. Every legitimate wall that is placed around the assets should move the settlement number more in favor of the debtor. And every bad case that comes down the pike should move the settlement number more in favor…

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