Wealth Uncensored

In this episode I discuss the biggest mistake I see people make when expatriating—failing to ensure they are fully tax compliant, which can lead to becoming a "covered expatriate." This status can trigger significant financial and legal consequences, including being subject to an exit tax regime, having U.S. person recipients of gifts and inheritances taxed at the highest rates, and even facing difficulties in obtaining a U.S. visa.

I break down the three factors that can classify someone as a covered expatriate: having a net worth of $2 million or more, an annual average income tax liability of more than $201k for the five years prior to expatriation, or not being tax compliant for the five years before expatriation.

Tune in to learn how to protect yourself and ensure a smooth expatriation process, free from costly mistakes. This episode is a must-listen for anyone considering expatriation and wanting to avoid the traps that could turn their dream into a financial nightmare.

In this episode of Wealth Uncensored, we tackle the often overlooked issue of overly complex asset protection structures. Many advisors and corporate service providers promote intricate setups involving multiple entities across various jurisdictions, promising superior protection. However, is this level of complexity necessary for your specific needs?

Join me as I break down why simplicity, efficiency, and relevance should be the guiding principles in your asset protection and estate planning. We’ll discuss the hidden costs and administrative burdens of complex structures, the potential for errors, and the reduced flexibility they often entail. Learn why simpler solutions can often provide effective protection without the unnecessary complications.

This episode aims to equip you with the knowledge to make informed decisions, ensuring that your wealth protection strategy is tailored to your unique circumstances and goals. Don’t miss this essential guide to understanding when less is truly more in asset protection.

In this informative episode of Wealth Uncensored, I sit down with David Piesing, a Guernsey Personal Fiduciary to explore the critical factors in choosing the best jurisdiction for your wealth structure. From grey lists and reputation to the availability of qualified professionals, we cover it all.

David and I delve into the intricacies of banking systems, language considerations, and KYC (Know Your Customer) requirements that can significantly impact your decision. We also discuss the importance of robust judicial systems and favorable tax treaties, providing you with a comprehensive understanding of what to look for in a jurisdiction.

Whether you're setting up a trust, foundation, or any other wealth protection structure, this episode offers invaluable insights to help you make the best choice for your unique needs. Tune in to learn how to navigate the complexities of international jurisdictions and ensure your assets are protected and managed efficiently. Don't miss this expert guide to optimizing your wealth management strategy.

In this insightful episode of Wealth Uncensored, we delve into the crucial topic of wealth planning structures: Trusts vs. Foundations. Many clients approach me wanting to set up a trust to manage and protect their wealth, but few consider the benefits of foundations, often because they are less well-known.

Join me as I explore the key differences between these two powerful tools, providing you with the knowledge to make an informed decision. We'll discuss the major distinctions, such as the role of third-party trustees in trusts versus the board-managed structure of foundations, and how these impact the management and protection of your assets.

The Dubai real estate market has been booming ever since the pandemic. People from all over the world want a piece of Dubai. Some are moving to Dubai and want to purchase a residence, while others are investing for cash flow and appreciation.

To get an insider’s look at Dubai’s real estate market and learn the ins and outs of investing there, I sat down with Stephen Pokoly, a founding partner of Shosty, a Dubai real estate advisory, brokerage, and management company.

Learn about the current market trends, tax advantages, residency, and investment strategies in Dubai. Stephen shares insights on the upcoming property supply in line with Dubai's 2040 plan and discusses the benefits of short-term vs. long-term rentals and more.

Unlock the secrets to successful multinational estate planning in this comprehensive guide. Get valuable insights on how to navigate the complex tax and legal implications when your assets, family members, citizenships, and residencies span various countries.

Avoid common pitfalls and learn why a tailored approach is crucial over one-size-fits-all solutions from "entity salesmen" and "single jurisdiction advisors." Discover the key factors in creating an effective plan, from asset location to tax treaties, and understand the importance of engaging a team of experts in each relevant jurisdiction.

Discover how US persons—citizens, green card holders, and residents—can benefit from setting up trusts and foundations in the UAE. This video debunks common myths and highlights key advantages like asset protection and flexible estate planning. Learn why the Dubai International Financial Centre offers strong privacy and how creating structures outside the US can safeguard assets from creditors and courts. Understand the tax implications and management benefits to make an informed decision.

In this episode I sit down with Ali Khan, a renowned U.S. international tax CPA from Abitos, to uncover the truth about the international tax preparation industry. Ali shares his expert insights on what sets truly skilled U.S. international tax preparers apart from those who merely claim to be experts.

Join us as we navigate the complexities of U.S. international tax preparation, empowering you with the knowledge to choose the best professionals for your financial needs. Don't miss this episode packed with valuable tips and expert advice from one of the leading figures in the industry.

Contact Ali [email protected]

Today my guests: U.S. international tax attorneys Virginia La Torre Jeker and John Richardson and I discuss the importance of seeking advice from true experts in the international tax advisory industry.

We highlight the differences between professionals trained to report versus those trained to analyze and interpret complex tax laws, emphasizing the value of legal backgrounds for strategic tax advice.

Together we address the challenges qualified advisors face in being undervalued due to abundant free online information and consultations. It offers tips on distinguishing knowledgeable advisors from less qualified ones, stressing the importance of valuing true expertise for the best financial advice.

You can connect with our guests via LinkedIn :

Virginia La Torre Jeker 

John Richardson

In this episode, we're joined by attorney Mike Abel, LL.M. from Abel Law Group, an expert in estate planning and asset protection. Together, we dive deep into the critical topic of estate planning for foreign investors in the US.

Mike and I explore what happens to your assets when you pass away without a will, with a foreign will, with a US will, and with a US living trust. We break down the pros and cons of each option, providing clear and practical advice to ensure your investments are protected and your legacy is secured. Whether you're investing in US real estate or other assets, understanding the intricacies of estate planning is crucial to safeguard your wealth and ensure a smooth transition for your heirs.

Tune in to learn about the best strategies for estate planning, the potential pitfalls to avoid, and how to choose the right tools to suit your unique situation as a foreign investor.