Reportedly, about 70% of all Americans who live outside the United States have a problem with the country’s taxation scheme.
A recent Forbes piece spotlighting the Internal Revenue Service notes news of recent years stressing a progressively weakened tax agency. The IRS is increasingly portrayed as a handcuffed agency featuring a steady reduction of agents/examiners, a decreased audit rate and general unresponsiveness.
Probated wills in California sometimes result in interested parties – heirs, beneficiaries, loved ones, charitable foundations, close friends and more – being ecstatic with the outcome. That happy state of affairs generally means that expectations were realized or even exceeded. Sometimes, too, completely unexpected benefits materialize.
One is lawful. The other can yield a lengthy prison term and financial penalties of a staggering degree. The former is part of a strategy that is both recommended and implemented by proven estate planning attorneys. The latter is a flat taboo that none of those professionals would ever endorse.
The matter might have seemed like an open-and-quickly-shut case to the widow of Johnny Hallyday.
It all seemed relatively clear for a few months. A recent discovery has all but obliterated that clarity, though, and spawned developments that spell future cloudiness rather than transparency.
How are you doing on wealth accumulation? Getting nearer the billion-dollar mark yet?
Whither the Warhols?
Aretha Franklin. Prince. James Brown.