Boca Raton, FL

Proactive Tax Planning & Strategy

Most advisers approach taxes retrospectively, offering solutions only after decisions have been made and liabilities incurred. This reactive mindset often leaves clients accepting suboptimal outcomes. The approach here is fundamentally different: the focus is on establishing deliberate, forward-looking strategies that ensure the most favorable tax posture before any transaction or restructuring occurs.

Building Tax Efficiency from the Outset:
Rather than simply interpreting past events, the emphasis is on anticipating future outcomes and structuring business entities, trusts, and major transactions to secure lawful tax advantages from the start. This method involves evaluating potential courses of action and selecting paths that inherently minimize tax burdens, rather than attempting to adjust after the fact.

Informed Guidance with Specialized Input:
While not a dedicated tax attorney, this practice integrates a level of tax insight rarely seen in general business or trust counsel. When necessary, consultation with specialized tax attorneys and experienced accountants supplements the analysis, ensuring that all strategies align with current laws, regulations, and the client’s specific objectives.

Long-Term, Strategic Perspective:
This advisory philosophy extends beyond routine filings or year-end calculations. It is about aligning ongoing decision-making with a structured tax strategy that adapts as regulations change and business conditions evolve. Clients gain the ability to act, rather than react, securing a competitive advantage and greater certainty over their financial trajectory.

Supporting Resources & Education:
The Tax Strategies section of the firm’s articles and information hub provides additional insights into forward-looking tax approaches. These resources are intended to inform clients well in advance of critical decisions, granting them the knowledge to maintain control over their tax outcomes, rather than being controlled by them.

Click HERE for Articles & Information on Tax Strategies

Asset protection is fundamental to our practice, whether in estate planning or as part of helping business owners and others with significant assets obtain certainty that they will and their children will keep what they built. Although no solution can guarantee absolute immunity from judgements or other seizures, as a practical matter there is a lot that can be done. Whether you are thinking ahead in terms of protecting your assets or your estate or you are concerned that impending action may be taken against you, we have solutions available under Florida Law and the laws of foreign jurisdictions if appropriate.   Incidental to asset protection, we often present clients with tax reductions strategies that are often significant.  

Click HERE for Articles & Information on Asset Protection

Some common potential sources of risk we can proactively mitigate or eliminate:

• Divorce, whether your own or your child's
• A teen driver potentially wiping out his or her parents' assets through an accident that exceeds your policy limit
• Business Disputes
• Tax or other Liens 
• Civil or Criminal Liability of any kind
• Bankruptcy Proceedings
• Foreign Judgments

Some of our strategies include:

1) Offshore Trusts and Entities based in jurisdictions that do not respond to judicial directives originating outside their own territory, and that have very robust asset-protection directives domestically.  The Cook Islands (a jurisdiction loosely affiliated with New Zealand) offer the very strongest protections against foreign judgments, but there are many other jurisdictions that are probably just as good as a practical matter.  Note, establishing a trust in a certain jurisdiction doesn't mean you have to keep your assets in that jurisdiction!  For Example, establishing an offshore intellectual property (IP) holding company for your US-based business' Intellectual Property (copyrights, patents, etc) can allow some companies to lease their IP back to their own domestic operations. This arrangement must be set up and reported correctly, but if done right, it can significantly reduce your overall tax liability while also offering robust asset protection against creditors and potential legal claims.  

2. Dynasty Trusts are designed to preserve wealth across multiple generations, effectively bypassing estate taxes and protecting assets from creditors indefinitely. This trust structure can be particularly advantageous during economic downturns or financial crises.  

3. DAPTs are irrevocable trusts established in states like Nevada or Delaware, offering strong protection against creditors while allowing the settlor limited access to trust assets. 

4. Creating a multi-layered entity structure involves setting up multiple legal entities (e.g., LLCs, corporations, trusts, holding companies) to hold different types of assets. This segmentation reduces exposure by isolating liabilities within individual entities. 

5. Specialized insurance products can provide an additional layer of protection, covering potential liabilities that exceed standard insurance limits, offer tax advantages in specific circumstances, and are not typically subject to collections actions or seizure under Florida law.  

Florida has some of the most robust asset-protection statutes in the counrty.  Florida offers unique asset protection mechanisms that are integral to our comprehensive strategies:

• Homestead Exemption:
  Protects your primary residence from forced sale by creditors, ensuring your home remains secure even in financial distress. Read more about Homestead Exemption
• Multi-Member LLCs:
  Provides liability protection for business owners by separating personal and business assets. Understand Multi-Member LLCs
• Life Insurance:
  Shields life insurance proceeds from creditors, ensuring financial security for your beneficiaries. Explore LifeInsurance for Asset Protection
• Trusts and Estate Planning:
  Custom trusts and comprehensive estate planning can protect assets from estate taxes and provide for future generations. Learn about Trusts and Estate Planning