A Restricted Property Trust (RPT) is a strategic financial tool primarily used by owners of closely held businesses and high-earning executives to build long-term wealth while maximizing tax benefits. By […]
Restricted Property Trusts in NJ & NY: What You Need to Know Read More »
The recent investing frenzy in stocks and cryptocurrencies during the coronavirus has led to a surge in the number of individual investors and the coining of new phrases such as
Hello, I’m Dong Ho Song from Song & Associates. In our last column, we discussed Korean inheritance laws that U.S. citizens and permanent residents should be aware of, and we
Is there any way to get my inheritance back if it was inherited except for me? Read More »
Food company OTTU is all the rage in South Korea these days, with news of its efforts to turn part-time workers into full-time employees, support more than 4,000 children with
Inheritance Tax in the United States Read More »
Hello, this is Song Dong Ho. There is a saying that animals leave their skins behind when they die, and people leave their names behind when they die. But nowadays,
What is a Living Trust? Read More »
Hello, I’m Dong Ho Song of Song Law Firm. Today, we’re going to talk about intestate succession laws in New York and New Jersey, which apply when a deceased person
Intestate succession laws that apply if you die without making a will Read More »
FBAR The April 15th income tax filing deadline is fast approaching. One of the most common questions we get lately is about the Foreign Bank Account and Financial Records (FBAR)
Reporting Foreign Bank Accounts and Financial Records Read More »
There’s a lot of interest in money these days, with newspaper articles, magazine articles, and personal blogs filled with experiences. Whether it’s about how to save taxes or estate planning,
Trust, to do or not to do, that’s the question Read More »
