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Meet Richard S LeVine
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~ Asset Protection ~

A taxpayer may arrrange his business affairs in a way to minimize his taxes; and if such arrangements are not shams, the courts should be hesitant to disregard form and exalt substance. Haley v. United States, 400 F.Supp 111 (1975).

Just as an individual is not required to arrange his affairs in a way that maximizes his tax liability, he is also allowed to arrange his affairs so as to minimize exposure to potential future creditors. There is no moral obligation to leave all of your assets completely unprotected from the claims of others.

I can help create an overall plan for the ownership of your assets which will do all of the following:

  • Minimize income tax exposure
  • Minimize estate and gift tax exposure
  • Minimize exposure to potential creditors

Available techniques include the use of one or more of the following:

  • insurance policies
  • annuities
  • personal residences/homestead exemptions
  • family limited partnerships
  • charitable remainder trusts
  • foreign situs trusts

Of course, anyone can recite a list of terms. It takes knowledge and experience to know which of these vehicles is most appropriate for your situation. I have that knowledge and experience. Recently, I have been involved in structuring several transactions which involve eight figure sums and which used a combination of trusts, annuity policies and reorganizations of foreign corporations to achieve an impressive combination of income tax, estate tax and asset protection objectives.

I have a network of contacts around the world which includes many of the most reputable institutions in all of the major international financial centers. Together, we can craft an overall wealth preservation strategy which is comprehensive, sophisticated and affordable. For more information about asset protection strategies, please contact me in any of the following ways:

Richard S. LeVine, Esq.
157 Church Street, 19th Floor
New Haven, CT 06510
Tel: 203-789-1320 Fax: 203-785-8127