The document discusses wills and estate planning in the United Arab Emirates. It provides information about Master Solutions, a financial services brokerage firm that assists clients with wills and trusts. It outlines the importance of having a will and what could happen in the event of an unexpected death without a will, such as assets being frozen or family disputes. The stages of the will drafting process are also summarized.
Documents related to your house in the UK under European law differ from traditional immigration documents. Documents issued under EU law are a validation of existing rights rather than granting approval to stay.
Why Would I Want a Revocable Living Trust in Connecticut?Barry D Horowitz
You don't lose control of the assets in the trust while you are living, but after you die, the resources are distributed among the beneficiaries outside of the probate process. Learn more about revocable living trust in Connecticut in this presentation.
Everything You Always Wanted To Know About Grantor (And Other Irrevocable) Tr...Bruce Givner
What is an irrevocable trust? How can it be flexible? How can the parents maintain a level of control? What makes an irrevocable trust a "grantor" trust and, therefore, disregarded for income tax purposes? What are the advantages of a grantor trust for asset protection planning and estate tax planning purposes? What are the disadvantages? How can you eliminate the disadvantages through the use of a "toggle" (or flip) switch? What are the tax return and EIN requirements for a grantor trust? What happens when the owner dies? When there is an outstanding installment note, does the owner's death trigger gain? Can a trust be treated as owned by someone other than the grantor? Do grantor trusts still make sense now that the estate tax rates are 40% and the income tax rates, in states like California, are even higher? Are grantor trusts here to stay?
In 1989 Alaska was the first state to allow a domestic asset protection trust. In that same year Nevada and Delaware also changed their laws to allow DAPTs (also called self-settled spendthrift trusts). The question was - for 30 years - if a person in California set up a DAPT in Nevada - could a judgment creditor in California take his judgment to Nevada and have the Nevada court enforce the judgment against the California debtor's asset protection trust. Some lawyers argued "yes," citing Art. IV, Section 1 of the U.S. Constitution, the "full faith and credit clause." Other lawyers argued "No, it would be against Nevada's public policy." Finally, in June, 2019, the South Dakota Supreme Court held that it would give "full faith and credit to the California family law court order. However, it would not give full faith and credit to the enforcement against a South Dakota trust. Will this case make it to the U.S. Supreme Court? What about the on-going divorce of Ed and Marie Borsarge? The Cameron case did not involve an asset protection trust. But certainly South Dakota, Nevada and the other states will rule the same way in a case involving an asset protection trust.
Documents related to your house in the UK under European law differ from traditional immigration documents. Documents issued under EU law are a validation of existing rights rather than granting approval to stay.
Why Would I Want a Revocable Living Trust in Connecticut?Barry D Horowitz
You don't lose control of the assets in the trust while you are living, but after you die, the resources are distributed among the beneficiaries outside of the probate process. Learn more about revocable living trust in Connecticut in this presentation.
Everything You Always Wanted To Know About Grantor (And Other Irrevocable) Tr...Bruce Givner
What is an irrevocable trust? How can it be flexible? How can the parents maintain a level of control? What makes an irrevocable trust a "grantor" trust and, therefore, disregarded for income tax purposes? What are the advantages of a grantor trust for asset protection planning and estate tax planning purposes? What are the disadvantages? How can you eliminate the disadvantages through the use of a "toggle" (or flip) switch? What are the tax return and EIN requirements for a grantor trust? What happens when the owner dies? When there is an outstanding installment note, does the owner's death trigger gain? Can a trust be treated as owned by someone other than the grantor? Do grantor trusts still make sense now that the estate tax rates are 40% and the income tax rates, in states like California, are even higher? Are grantor trusts here to stay?
In 1989 Alaska was the first state to allow a domestic asset protection trust. In that same year Nevada and Delaware also changed their laws to allow DAPTs (also called self-settled spendthrift trusts). The question was - for 30 years - if a person in California set up a DAPT in Nevada - could a judgment creditor in California take his judgment to Nevada and have the Nevada court enforce the judgment against the California debtor's asset protection trust. Some lawyers argued "yes," citing Art. IV, Section 1 of the U.S. Constitution, the "full faith and credit clause." Other lawyers argued "No, it would be against Nevada's public policy." Finally, in June, 2019, the South Dakota Supreme Court held that it would give "full faith and credit to the California family law court order. However, it would not give full faith and credit to the enforcement against a South Dakota trust. Will this case make it to the U.S. Supreme Court? What about the on-going divorce of Ed and Marie Borsarge? The Cameron case did not involve an asset protection trust. But certainly South Dakota, Nevada and the other states will rule the same way in a case involving an asset protection trust.
Family Limited Partnerships Update - Diagrams and Bullet Points - February 6,...Bruce Givner
Normal FLP structure for estate tax planning; modifying it to amplify the extent to which it can help add a hurdle between valuable assets and some future (not currently in existence) creditor if properly aged (4 - 7 years before there is a problem) and if it has a business purpose; important points in the event of an estate tax audit, e.g., separate counsel for the children's trust; problem of timing of the funding of the assets to the FLP versus timing of the gift of LP interests; problem of the change of California's LLC act effective 1/1/14; use of FLPs with captive insurance companies, pensions, life insurance and as an alternative to an ILIT.
Energy Industry Accounting and Tax Update July 2013Hein & Associates
Review of current developments related to The Disclosure of Payments by Resource Extraction Issuers to Governments (Section 1504) and Conflict Minerals Disclosures (Section 1502) of Dodd-Frank Act. Also, a tax review including how domestic companies get stuck paying the tax burden for foreigners.
Kendine has bir terminolojisi olan Hukuk İngilizcesini öğrenerek meslektaşlarınızla rekabete bir adım önde başlarsınız. Bir dava dosyasını incelerken, yabancı kaynaklar ve üst mahkeme kararlarına müracaat ederken, mütalaanızı İngilizce vermeniz gerektiğinde veya yabancı uyruklu bir müvekkiliniz olduğunda Hukuk İngilizcesi’ni etkin ve akıcı kullanabilmeniz gerekir. İngilizce hukuk bilgisi size rakiplerinizden ayrı prestijli bir kapı aralar.
Bankruptcy basics: What every lawyer should knowMichael Sheridan
Michael Sheridan is a chapter 7 and chapter 13 Minnesota Bankruptcy Attorney. Michael outlines the basics of bankruptcy at a Continuing Legal Education seminar.
Embedded video of the presentation can be found at: https://wmitchell.adobeconnect.com/_a1011281558/p4rm0zjl0uw/?launcher=false&fcsContent=true&pbMode=normal
[Insurance] Mortgage Creditor vs. Term LifeJoseph White
The general consensus is that term life insurance is a better option for the borrower than mortgage creditor insurance for several of the reasons. However, better coverage is only applicable when the term insurance is in force. On average, only about 20% of mortgage brokers’ clients actually take mortgage creditor insurance. Quite often, this is due to the borrower indicating that he or she currently has adequate insurance or that he or she feels that insurance is not required under his or her circumstances. Since the mortgage broker is not a licensed life insurance representative he or she cannot determine whether those statements are accurate.
Investing Retirement Plan Assets: What Are The Limits?Bruce Givner
The Internal Revenue Code and the Title I of ERISA (administered by the U.S. Department of Labor) have restrictions on how retirement plan assets can be invested. For example, certain investments will cause UBTI (unrelated business taxable income) to what is otherwise a tax-exempt trust. Certain investments may cause prohibited transactions with the resulting excise tax under IRC Section 4975. There are also the general fiduciary rules governing trustees generally, e.g., the duty to diversify. This handout is designed to advise the trustee and the plan sponsor on how to avoid the pitfalls.
MA CEU Veterans Administration (VA) Loans - RE73R11Jody O'Brien
This course will cover the process and procedures utilized by a lender in processing a VA Guaranteed loan. The process of eligibility as well as the borrower’s requirements such as credit, income and debt will be reviewed. The appraisal, processing and underwriting of a VA loan will be discussed. Many of the loans misconceptions will be addressed and the advantages this loan process gives to our veterans will be reviewed.
Family Limited Partnerships Update - Diagrams and Bullet Points - February 6,...Bruce Givner
Normal FLP structure for estate tax planning; modifying it to amplify the extent to which it can help add a hurdle between valuable assets and some future (not currently in existence) creditor if properly aged (4 - 7 years before there is a problem) and if it has a business purpose; important points in the event of an estate tax audit, e.g., separate counsel for the children's trust; problem of timing of the funding of the assets to the FLP versus timing of the gift of LP interests; problem of the change of California's LLC act effective 1/1/14; use of FLPs with captive insurance companies, pensions, life insurance and as an alternative to an ILIT.
Energy Industry Accounting and Tax Update July 2013Hein & Associates
Review of current developments related to The Disclosure of Payments by Resource Extraction Issuers to Governments (Section 1504) and Conflict Minerals Disclosures (Section 1502) of Dodd-Frank Act. Also, a tax review including how domestic companies get stuck paying the tax burden for foreigners.
Kendine has bir terminolojisi olan Hukuk İngilizcesini öğrenerek meslektaşlarınızla rekabete bir adım önde başlarsınız. Bir dava dosyasını incelerken, yabancı kaynaklar ve üst mahkeme kararlarına müracaat ederken, mütalaanızı İngilizce vermeniz gerektiğinde veya yabancı uyruklu bir müvekkiliniz olduğunda Hukuk İngilizcesi’ni etkin ve akıcı kullanabilmeniz gerekir. İngilizce hukuk bilgisi size rakiplerinizden ayrı prestijli bir kapı aralar.
Bankruptcy basics: What every lawyer should knowMichael Sheridan
Michael Sheridan is a chapter 7 and chapter 13 Minnesota Bankruptcy Attorney. Michael outlines the basics of bankruptcy at a Continuing Legal Education seminar.
Embedded video of the presentation can be found at: https://wmitchell.adobeconnect.com/_a1011281558/p4rm0zjl0uw/?launcher=false&fcsContent=true&pbMode=normal
[Insurance] Mortgage Creditor vs. Term LifeJoseph White
The general consensus is that term life insurance is a better option for the borrower than mortgage creditor insurance for several of the reasons. However, better coverage is only applicable when the term insurance is in force. On average, only about 20% of mortgage brokers’ clients actually take mortgage creditor insurance. Quite often, this is due to the borrower indicating that he or she currently has adequate insurance or that he or she feels that insurance is not required under his or her circumstances. Since the mortgage broker is not a licensed life insurance representative he or she cannot determine whether those statements are accurate.
Investing Retirement Plan Assets: What Are The Limits?Bruce Givner
The Internal Revenue Code and the Title I of ERISA (administered by the U.S. Department of Labor) have restrictions on how retirement plan assets can be invested. For example, certain investments will cause UBTI (unrelated business taxable income) to what is otherwise a tax-exempt trust. Certain investments may cause prohibited transactions with the resulting excise tax under IRC Section 4975. There are also the general fiduciary rules governing trustees generally, e.g., the duty to diversify. This handout is designed to advise the trustee and the plan sponsor on how to avoid the pitfalls.
MA CEU Veterans Administration (VA) Loans - RE73R11Jody O'Brien
This course will cover the process and procedures utilized by a lender in processing a VA Guaranteed loan. The process of eligibility as well as the borrower’s requirements such as credit, income and debt will be reviewed. The appraisal, processing and underwriting of a VA loan will be discussed. Many of the loans misconceptions will be addressed and the advantages this loan process gives to our veterans will be reviewed.
A personal, no asset bankruptcy is known as Chapter 7. For this type of bankruptcy, our clients keep all of the assets they want to
keep (home if it qualifies, motor vehicle, personal property, clothing, etc.) and discharge all their consumer debts. We will work with you to determine that all of your assets are kept protected from the creditors.
A Cyprus company can open a bank account in Dubai. We provide complete support and guidance in this regard including the attestation requirements. For more information, please write to bc@intuitconsultancy.com
Her is a step by step gude to Spouse Visa for Canada : this document will Guide you how to bring your spouse or partner to Canada. Reunite with your loved one and start your life together in Canada.
If you're a spouse or partner of Canadian citizen or PR holder, looking to join your spouse or partner who is in Canada, the spouse visa Canada is the perfect pathway for family reunification. This comprehensive guide provides you valuable information on how to navigate the process of obtaining a spouse visa for Canada. read more in this document
Training Wheels Linked In Jim Jones Jan 2010EntrustMass
A comprehensive view of the flexibility available when you take control of your financial future with a Truly Self Directed IRA. If you are interested in learning about true alternative investment options like real estate, notes, precious metals, joint ventures and how to utilize the IRA LLC to manage your real estate investments, then you won’t want to miss this event! Learn how you can invest in single family, multi family, buy at auction and realize any gain in a tax deferred or tax free environment.
What you need to know before and after the Final Decree of Divorce. This presentation was given by Gary Ashmore at the Texas Advanced Paralegal Seminar in October 2012.
Let one of America’s premier Immigration and Naturalization Law Firms guide you through the EB-5 Investor VISA process. NPZ Law Group continues to maintain a solid reputation for being able to tackle difficult cases and has a very successful track record in the US for dealing with the EB-5 process. We continue to service EB-5 clients from start to finish.
2. Master Solutions Commercial Brokers LLC Dubai, United Arab Emirates Master Solutions FZCO Ras Al Khaimah, United Arab Emirates Master Solutions Financial Brokers Pvt. Ltd. New Delhi, India
3. One of Dubai’s upcoming Financial Services Brokers Multicultural team of internationally & professionally qualified personnel Plan Masters are either CII qualified or are in the process of acquiring the qualification In business since Year 2007 Currently manage a portfolio of over US$ 52 Million Recommend over 40 local & offshore solution providers Service clients in Thailand, Malaysia, Singapore, India, Canada & the Middle East Master Solutions Commercial Brokers LLC
4. Just Wills Al Wasiyya JLT The largest specialist Will Writing Company in UK Over 20 years experience in drafting Wills Thousands of Wills are already ‘proven’ Over £2,000,000 PI cover per Will Have exclusive rights for United Arab Emirates and G.C.C.
5. Our Credentials Canadian Business Council British Business Group Certificate of Appreciation Dubai Quality Group JLT Professional License Estate Planning License
6. Our Relationship Authorized distributor for the entire range of products for the territory of United Arab Emirates
9. Bank Accounts will be immediately frozen 1 Home Country will be informed of the death 3 Residence visas will be cancelled 2 Minor children will be placed under the supervision of juvenile home run by the state 4 What would happen in the event of unexpected death in UAE? NO WILL
10. Life Insurance policies can be passed onto the deceased’s estate instead of the family The Shariah Law may be/will be applied to the distribution of the deceased’s estate Any other Investments can be frozen/delayed Family arguments or disputes about the deceased's estate could crop up or arise Properties of the deceased back home will be distributed according to the Laws of the Home Country. What would happen in the event of unexpected death in UAE? NO WILL
11. Ex Partners (husband/wife) can stake a claim in the estate Unmarried Partners will not receive anything / cannot claim anything Children from any previous relationships could receive nothing Tax Man can claim up to 40% of the deceased’s estate (Applies to countries where IHT is applicable) What would happen in the event of unexpected death in UAE? NO WILL
21. The Seven Commandments of Peace of mind Off-Shore emergency bank account Life Insurance Contact Sheet Residence Visa Assets and liabilities statement Power of Attorney Legal WILL
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23. Arabic Translation It is mandatory for any document that needs to be attested in the Dubai Court of Law to be translated in Arabic. All documents are attested in Arabic & English version for ease of reading by both the local authority & the expatriates. Arabic to English English to Arabic
24. Wills Storage We provide secure safe keeping of your WILL document for a nominal fee
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26. What stages will comprise your WILL Drafting? Drafting Process Submission: Completed Will information sheet along with relevant documents will be vetted by Will Administrator Originals will then be forwarded to the Will Writer for drafting the language Client obligation: Please submit all the relevant documents at one go to avoid unnecessary delays. Please ensure to enclose the payment for 50% of the total invoice through cheque Drafting: A soft copy of the draft will then be prepared within 3-4 working days The draft copy will be delivered to the client for his approval by your Plan Master
27. What stages will comprise your WILL Drafting? Draft Approval: Following the approval, the original WILL will be written and two copies of the same will be provided to the client for attestation Client obligation: Please approve of the draft within 3 working days from the date of handover of the draft copy failing which we will assume that the content of the document is acceptable to you Attestation: The client will have to get both the copies of the WILL attested by their respective Consulate of the countries. Following this, the WILL has to be handed over back to your Plan Master for attestation by the Dubai Courts Client obligation: Please get the WILLs attested by your country Consulate within 7 working days from the date of handover of the original WILL failing which the responsibility of getting the attestation from the Dubai Courts will be that of the Client. Hand Over: Following the original WILL will be handed over to the Client for safe keeping Client obligation: Kindly ensure to handover the balance payment before the handover over of your |Original Will Document Drafting Process
