Why You Need an Estate Plan
Life is unpredictable, and you never know what might happen the very next second. We might be scared to talk about it, but death is inevitable, no matter who a person may be. Did you ever give thought…
READ MOREINTRODUCING INSIDEOUTSIDE COUNSEL – A REVOLUTION IN IN-HOUSE COUNSEL SERVICES FOR HIGH-TECH COMPANIES AND OTHER BUSINESSES
Israel is the start-up nation. When it comes to technology, when it comes to creativity, our companies lead the field. Yet legal counsel here doesn’t always match that creativity. Many tech companies in the early to middle stages…
READ MOREWHY HOURLY BILLING BY LAWYERS IS NOT GOOD FOR TECH COMPANIES OR OTHER BUSINESSES
Did you ever buy groceries, or a meal in a restaurant, or pay for a surgical procedure? Were you told, “The price of the groceries in your cart today depends on how long it takes…
READ MORESAFEGUARDING THE RIGHT TO BEQUEATH AND INHERIT – ISSUES IN US, ISRAELI, AND JEWISH ESTATE PLANNING LAW
The Fundamental and Universal Right to Bequeath and to Inherit The right of inheritance is enshrined as a matter of US federal law as well as that of all of the several states of the…
READ MOREHOW TO DO ESTATE AND TAX PLANNING FOR ISRAELI RESIDENTS WITH US-BASED ASSETS
Estate tax planning is a must. The unified US gift and estate tax for US citizens currently has an exemption threshold of $5.35 million adjusted for inflation, beyond which the IRS taxes at a 40%…
READ MOREIRS, US TREASURY DEPARTMENT, AND ISRAELI TAX AUTHORITY ENFORCEMENT RAMPS UP FOR DUAL CITIZENS AND JOINT RESIDENTS
The IRS and US Treasury Department have opened a satellite office in Israel, and there is coordination between the US and Israeli tax authorities. FATCA is a fact of life. Through the Office of Voluntary…
READ MORENEW ISRAELI LAW ON FOREIGN TRUSTS TAKES EFFECT
Israeli’s new Law on Foreign Trusts is live and active. Deadlines for declarations of foreign-based trusts created by Israeli residents for the benefit of Israeli residents is June 30, 2015, while in some cases the…
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