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Greenberg & Co. is a Connecticut, USA based law firm, offering both US and International clients a unique blend of practical knowledge and personalized service.

Our practice has a focus in three distinct, but related areas:

  • Corporate/Business/Commercial Law, including Foreign and Domestic Business Structures, Business Formation, and Contracts;

  • Trusts and Estates, including Estate Plans, Trusts, Wills, Tax Analysis/Planning, plus Charitable Giving Strategies; and

  • Asset Protection, including Foreign/Domestic Restructuring; Family Limited Liability Companies, and Foreign Asset Protection Trusts.

The Firm also provides Turnaround Services to closely held distressed entities.

Some clients choose to take advantage of our resources and experience by engaging us as General Counsel for their closely held businesses. Others use our services for either business or personal representation on a transactional basis for a specific structure, entity formation, or contract. In either situation, you will find that we consistently provide capable, quality representation, with an emphasis on personalized service. Our client retention rates are exceptional, because year after year we make the effort to understand what our clients need and deliver the solution in a cost effective manner.

Over our many years of operation the firm has developed excellent relationships with a large number of domestic and foreign corporate service providers, financial institutions and specialized legal/tax advisors. This substantial network of professional contacts allows us to provide clients with a variety of options and solutions for their particular needs, irrespective of the geographic location of the client or our office. In most situations we can deliver a creative local or multi-jurisdictional solution, depending on the client’s requirements.

 

Tax Implications for Offshore Trusts

By now, you are familiar with the key concepts underscoring the need for asset protection. You know that there are many entities and structures that can be used to strengthen your defenses against creditors' attacks or, even better, reduce the likelihood of claims being raised at all. Indeed, offshore entities can provide significantly greater deterrence to creditors than their domestic counterparts. However, there is one creditor whose claim to your assets cannot be deterred and is inevitable: the Internal Revenue Service (IRS).

And while you know that certain domestic asset protection entities come with tax savings or tax liabilities, you might be inclined to believe that offshore entities immunize your assets from tax cons...

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