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 Article Directory   Author   Rocco Beatrice
 

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Published Articles:48
Total Article Views:19,993 (unique visitors)
Total Article Rank:1.6 /5 (5 Ratings)
Rocco Beatrice
(Canada)Author

Rocco Beatrice's Articles

Articles by: Rocco Beatrice

Recent Articles

Boating Accidents - Statistics Recreational Boating Accidents

Each year states are required to file a report with the United States Coast Guard indicating the number of recreational boats registered and the number of boating accidents and fatalities which ..
(May 31, 2007)
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International Bank of Commerce - IBC

The International Bank of Commerce (IBC) was founded in Laredo, TX in 1966. The purpose of this new bank was to meet the financial needs of small businesses located throughout Texas, and has grown to .
(May 26, 2007)
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Independent Retirement Account - Defined, What Are The Options?

There are typically two types of beneficiaries for an Independent Retirement Account (IRA). A beneficiary can be either a spouse or non-spouse, and each group has different options and benefits to ..
(May 26, 2007)
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 | Finance | Visitors: 162

Certificates of Deposit - What is it?

Commonly referred to as a CD, a Certificate of Deposit can be used as a short or long term investment. Domestic banks offer FDIC (Federal Deposit Insurance Corporation) insured Certificates of ..
(May 26, 2007)
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 | Finance | Visitors: 220

Asset Protection Trust

What’s an asset protection trust? What’s a Trust? A “TRUST” is nothing more than a “CONTRACT” between the person who wishes to protect his assets (the Grantor) the .
(February 02, 2007)
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How the Rich Hide Their Assets

It’s very simple, how the rich hide their assets is not to hide them at all. The rich use laws to protect their assets. They use legal entities created under the different laws, trust laws, ..
(February 07, 2007)
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Offshore Asset Protection

The litigation explosion are forcing professionals and small business owners to focus on ways/strategies to protect their savings, investments and other accumulated assets that may become attractive ..
(February 07, 2007)
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Estate Planning and Trusts

A CONTRACT is defined from the Latin word contractus. An agreement between two or more parties, especially one that is written and enforceable by “law. ” To enter into by contract; ..
(February 09, 2007)
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Living Revocable Trust

A Living Trust or Revocable Trust, or a Revocable Living Trust, are the same Trust. The word “revocable” says it all. The “Grantor” the guy with the assets, transfers his ..
(February 09, 2007)
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 | Finance | Visitors: 664

Revocable Trust (Revocable Living Trust) vs. Irrevocable Trusts

Be open and notorious, Sue me! You’ll never get a dime. If you reposition (transfer) your assets through the use of an IRREVOCABLE TRUST, you will no longer own them. If you don’t own ..
(February 09, 2007)
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Medicaid Estate Planning: Maximize Your Results

For those of you not familiar with the 2005 Tax Reduction Act, some of the provisions address specific transfers by seniors under the new Medicaid nursing home provisions. Under the new provisions, ..
(February 09, 2007)
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Asset Protection-Joint Tenancy and Intentionally Defective ..

Ask any lawyer, accountant, life insurance agent, financial planner, mortgage brokers, stock brokers, or any lay person for his definition of asset protection and he will likely tell you that ..
(February 16, 2007)
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Anna Nicole Smith Dies Without a Will - What's a Will? What's ..

Subsequent to the death of Anna Nicole Smith, it’s been reported that she may not have left a will, giving rise to additional turbulent legal confusion for years to come. Without a will, Anna ..
(February 18, 2007)
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Medicaid Nursing Home Spend-Down Program: 5-Year Look Back

Seventy seven million (77,000,000) middle class aging baby boomers are going to rely on Medicare as their default long-term health care policy. The Cato Institute estimates that $60 trillions of ..
(February 18, 2007)
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 | Finance | Visitors: 851

Why a Will is Not Enough to Save Anna Nicole Smith's Baby ..

With much discomfort I have been forced to watch the Anna Nicole Smith probate proceedings and much more information than I wanted to know about Anna Nicole’s life events. Her reported death is .
(February 28, 2007)
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Asset protection with Joint Tenancy, Tenancy in Common, ..

PART 1: ASSET PROTECTION: JOINT TENANCY, TENANCY IN COMMON, TENANCY IN ENTIRETY & COMMUNITY PROPERTY THE CONCEPT OF ASSET PROTECTION includes the possibility of placing title in certain assets in .
(February 28, 2007)
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Asset Protection: General/Limited Partnership, Corp Chapter ..

PART 2: ASSET PROTECTION: GENERAL/LIMITED PARTNERSHIP, CORP CHAPTER “C"/CHAPTER “S", LLC, TRUSTS THE CONCEPT OF ASSET PROTECTION includes the possibility of placing title in certain ..
(February 28, 2007)
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Why Offshore Asset Protection (Aka Foreign Asset Protection) ..

The U. S. Taxpayer has been intimidated by the government, accountants, and lawyers into equating offshore or foreign business asset protection as fraudulent, unlawful illicit activities and as ..
(March 05, 2007)
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What Is Good Asset Protection? Part 1

ASSET PROTECTION DEFINED Asset protection is the concept of protecting and preserving one’s assets from frivolous, illogical, ill-motivated, and more often than not, devastating catastrophic ..
(March 05, 2007)
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What Is Good Asset Protection? Part 2

Authorities are looking for NON-COMPLIANCE, not for those who report and comply. We believe in full disclosure. If there’s no reporting form, we make-up our own and file. To my knowledge, ..
(March 05, 2007)
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Nevis LLC (Foreign LLC) Protects Assets and Avoids Fraudulent ..

This is a letter in response to a reader regarding offshore limited liability companies (aka Foreign Limited Liability Company or FLLC) in asset protection planning and specifically addresses issues ..
(March 05, 2007)
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Grantor Trust - What is It?

The purpose of a trust is to create an “artificial legal person" to protect, hold, and manage your private wealth for the benefit of your heirs. - As in any contract, someone must initiate the ..
(March 10, 2007)
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Trustee of a Trust

The trustee is the guy who manages your trust assets. Great care should be taken in your selection of your trustee. The trustee is bound by the trust document (i. e. contract) and he has a duty to ..
(March 10, 2007)
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Beneficiary of a Trust

The beneficiary is the reason for your trust (contract). Your beneficiary is the person who will enjoy the benefits of your trust assets. They include, wives, children, grandchildren, charitable ..
(March 10, 2007)
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Trust Protector - The Powers and Responsibilities of a Trust ..

When presenting potential clients with different asset protection options, systems, and strategies, one of the questions asked is if I would be willing to act as their Trustee. Yes, I reply but only ..
(March 10, 2007)
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