Author: Aaron

  • Avoiding Forced Heirship

    Forced heirship rules in many civil law countries are an ongoing source of family problems which have frustrated proper estate planning and divided families into warring camps for generations. While there are a number of very good solutions for this problem, one of the most popular is the use of a foreign trust structure to…

  • A Crash Course in Offshore Financial Centers

    A Crash Course in Offshore Financial Centers is What You Need to Know But Won’t Read in Promotional Material presented by David Marchant, Publisher of OffshoreAlert, the world’s only news service exposing offshore financial crime. Financial Crime – The Last 12 Months A review of recent developments in financial crime, investigations and compliance, including takng…

  • Alternative Energy Stocks

    The Ardour Global (TICKER: AGIGL) Index will add 2 new components, effective 6:00 PM (EST) Sunday, December 17. Ten stocks will be deleted from the index. The changes result from the index’s semi-annual reconstitution. A complete list of constituents and weights will be posted on the Ardour web site, (www.ardourglobalindexes.com/). The Ardour Global Index is…

  • Legal Ways to Save Taxes Offshore

    One of the most common motivations for those who venture offshore is the belief that they can avoid or defer U.S. income taxes with a foreign bank account, a foreign trust or a bearer share foreign international business company. Some of that belief is based on very old and outdated information. Some of it is…

  • Inflation Apparently is a Thing of the Past

    The market continues to push into new territory of all-time and multi-year highs, yet it also appears to be putting positive spins on negative data releases and attaching itself to positive economic data. Housing weakens here; manufacturing slowdown there, retail sales disappoint here and inflation isn’t moderating over here. That is all I heard last…

  • ABC banks, offshore banks and shell banks…

    In the world of international finance you will hear a number of confusing terms to describe various kinds of banks. These include A banks, B banks, C Banks, offshore banks and shell banks. A shell bank is one which has no substantial presence, staff, or independent existence. These banks are often nothing more than a…

  • The Foreign Deferred Private Annuity

    One of the most powerful estate planning tools available to the modern international financial planning practitioner is the FOREIGN DEFERRED PRIVATE ANNUITY (FFDPA) An FFDPA is a contract between an individual (the “Annuitant”) and a foreign entity that is neither an insurance company nor in the business of selling annuities (the “Company”). In an FFDPA,…

  • Jersey’s Fund Sector Doubles In 5 Years

    Lipper Fitzrovia’s latest research reveals that US$154.2 billion (GBP83.4 billion) in 1,159 funds and subfunds were serviced in Jersey, as at 30 June 2006, an increase of 94% over five years – up from US$79.6 billion (GBP56.6 billion) as at 30 June 2001. Looking solely at funds domiciled on the Island, the largest asset classes…

  • How to choose the right IBC

    The following questions need to be asked when determining which IBC is best for your specific needs. There is no right or wrong answer to any of these questions. But there are some answers that are better for you, and others that are worse. Q. What specific kind of IBC do you require? (A corporation,…