Tag: Domestic Asset Protection Trust

IRS Business Purpose Doctrine SLAT/DAPT Family LLC Audit

Chris Moss CPA Tax Attorney

Welcome to Taxview with Chris Moss CPA Tax Attorney If you have been following TaxView with Chris Moss CPA Tax Attorney regarding Irrevocable Spousal Lifetime Access Trusts and Domestic Asset Protection Trusts (SLATs and DAPTs) we have recommended best practice in 2019 is to have your Irrevocable SLAT/DAPT own your Family or Holding LLC partnership …

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IRS Loan-Out Estate Plan Audit

Chris Moss CPA Tax Attorney

Welcome to TaxView with Chris Moss CPA Attorney   For those of you married couples who earn substantial income in the entertainment industry, the 2019 best estate plan in my view is to have your Loan-Out LLC owned by a Family LLC or what I refer to as a Holding LLC.  Why?  If your retired …

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IRS SPOUSAL LIFETIME ACCESS TRUST AUDIT

Chris Moss CPA Tax Attorney

Welcome to TaxView with Chris Moss CPA Tax Attorney. Parents and Grandparents who are thinking about the next few generations for estate planning may want to consider a Spousal Lifetime Access Trust or SLAT for 2019.  Create the SLAT in a state that allows for Domestic Asset Protected Trusts (DAPT) and you have the perfect …

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Domestic Asset Protection Trusts DAPTs SLATs

Chris Moss CPA Tax Attorney

Welcome to TaxView with Chris Moss CPA Tax Attorney Domestic Asset Protection Trusts (DAPTs) and Spousal Lifetime Access Trust (SLATs) appear to be best practice in 2015 for Asset Protection and Estate Tax Reduction. The SLAT, which is nothing more than a DAPT for a family allows your Husband Grantor Settlor to appoint you his …

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