Investigating & Recovering Hidden Money & Other Assets
In its “Abusive Trust Tax Evasion Schemes – Facts“, the Internal Revenue Service estimates that trusts will account for much of the $4.8 trillion to be inherited or transferred between the generations by 2015. According to that same publication’s Talking Points, trusts are now sometimes fraudulently used:
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A divorcing spouse seeking hidden marital assets; a creditor pursuing the payment of a debt; or an IRS revenue officer collecting a delinquent tax; may sometimes be looking for assets hidden by those offering offshore asset protection services.
According to Equity Development Group’s “Why Go Offshore” link-page, placing bank accounts offshore protects them from “predatory…