November 2022 – Asset Protection 2.0

Foreign Structures

Adam Chodos Esq., CPA Many U.S. based businesses avoid foreign entities due to lack of familiarity. Foreign structures can be strong tools in the business planning world, and can be excellent complements to an asset protection program. “Asset protection” has become a popular phrase, however its overuse has diluted its definition. Asset protection is a subspecialty… Continue reading Foreign Structures

Gifting Opportunity

Adam Chodos Esq., CPA Gifting is an important estate planning tool to downstream assets. As it is likely that estate tax exemptions will be sharply reduced, now is a brilliant planning opportunity. Historically, gifting has been of modest benefit to families with larger estates due to the $1 million maximum lifetime gifting limit, which later increased to… Continue reading Gifting Opportunity

Adam Chodos, Esq., CPA, is the managing member of Chodos & Associates, LLC, a boutique private client law firm, with offices in Boca Raton, FL and Greenwich, CT, focusing on wealth consulting, asset protection, wealth preservation, business succession, and advanced estate planning. Previously, Mr. Chodos practiced law at the New York headquarters of Sidley Austin Brown & Wood and with Ernst & Young, LLP as a certified public accountant. He holds a B.A. in economics, summa cum laude, from the University of Pennsylvania and a J.D., high honors, from Duke University. Mr. Chodos is a member of the New York, Connecticut, and Florida Bars. mail@adamchodos.com

Please note that the information contained in these posts/articles are for informational purposes only and should not be construed as legal advice on any subject matter and does not create an attorney-client relationship. No reader should act, or refrain from acting, on the basis of any content without seeking appropriate legal or other professional advice based on their particular circumstances. As laws and rules change frequently, articles contain general information and may not reflect the most current legal developments. The author expressly disclaims all liability in respect to actions taken or not taken based on any or all the contents of articles.