Steven Sears Attorney - Asset Protection, Estate Planning

Steven Sears Attorney :
The specific arrangement which we recommend for you will depend on your
particular circumstances, the business you are in, and the type of
assets, which you own. If you are engaged in any business, or if you
own property, you should take the necessary steps to arrange your
affairs to maximize the income tax, estate planning and lawsuit
protection techniques currently available. A lot of money can be saved
if your plan is properly implemented.

Steven Sears Professional Building

We specialize in the formation and administration of national and
international business structures and holding companies. Our firm
maintains relationships with the largest and most reputable trust
companies throughout the world. In addition, our firm can form offshore
companies in almost any jurisdiction. Domestic planning includes
entities in California, Nevada, Delaware, Wyoming including
corporations, limited partnerships, limited liability companies and
trusts.

Steven Sears Attorney Asset Protection
What needs to be done is give the children (beneficiary’s) gifts while
maintaining control- so we set up a Limited Partnership. Each child
gets a percentage, choose a percentage, and don’t give a tangible
amount due to the effect of receiving the funds. Keep the funds within
the Limited partnership structure. So we have a Limited Partnership for
each child. 1 % of belongs to the children while the rest belongs to
the Husband/Wife/Living Trust- which is all completely tax free and
transfers while you still have control as the funds that go the
children are still in the account. The funds are still intact for the
beneficiary’s, we gave them a tangible amount, which is where they own
a portion but have no control. With this plan, you can invest the funds
while still having protection.

Steven Sears Attorney
Community properties are the normal methods of holding title. In
California, we have community title; in other states they have other
methods of holding title. However there are problems that you run into-
When you hold property in your name and you pass on, that property is
going to have to go into what is called a Probate, which is a court
proceeding. When you go to court, there are consequences, you have to
go before a Judge, have hearings, people challenging the probate,
extensive fees; which can be very expensive as well as large amounts of
paperwork involved.

Contact Steven Sears Attorney And CPA
As one of the few states without a corporate income tax. Wyoming now
joins Nevada as one of the premier incorporation centers in the United
States to provide ease of use. liability protection, financial privacy
and tax savings.

Steven Sears Attorney At Law
Our principal, Steven Sears, has a Bachelors Degree in Business
Administration, a Masters Degree in Tax Accounting, and a Law Degree.
Mr. Sears is also a licensed CPA and has a successful practice as a tax
attorney in Orange County, California. He is a featured speaker at
frequent seminars, and has been interviewed on television and radio
numerous times. Mr. Sears has published articles in professional tax
planning and tax preparation journals and also lectures in tax law.