The essentials of an estate plan include documents which are used during your life and those used after your death. The typical lifetime documents are a Durable Power of Attorney, Health Care Proxy and HIPAA Authorization. These documents appoint an agent to handle financial affairs (Durable Power of Attorney), make health care decisions (Health Care […]
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Foreign Bank and Financial Account Reporting (“FBAR”), Offshore Voluntary Disclosure Program (“OVDP”) and Offshore Voluntary Disclosure Initiative (“OVDI”) The IRS and Department of the Treasury are increasingly vigilant to make certain US Taxpayers are in compliance with Foreign Bank and Financial Account Reporting (“FBAR”). Any US taxpayer with an interest in, or signature authority over, […]