by Julian Falgons | May 19, 2016 | Uncategorized
If you are examining options for planning the eventual transfer of your wealth to your family beneficiaries, the establishment of one or more trusts may be an optimal choice. If you are unfamiliar with these types of financial structures, the purpose of this article...
by Julian Falgons | May 2, 2016 | Uncategorized
Like other countries in the region, driving in Puerto Rico can be both exciting and frustrating. Whenever driving outside of the United States I am sure to be extra cautious driving at least until I get a “feel” for driving style of the locals. This time in Puerto...
by Julian Falgons | May 2, 2016 | Uncategorized
History Puerto Rico has a history and reputation for their culinary offerings. Many of the traditions and cooking practices present today in Puerto Rico can be traced back to Europe (primarily Spain), Africa, and the Taíno natives. Towards the end of the 1800’s, the...
by Julian Falgons | Apr 28, 2016 | Uncategorized
If you are transferring real estate in Florida you may trigger The Foreign Investment in Real Property Tax Act of 1980 (“FIRPTA”) and Florida Documentary Stamp Tax (“Doc Stamp”) even if cash isn’t exchanged. The amount of each tax is calculated based on a...
by Julian Falgons | Apr 21, 2016 | Uncategorized
Around 700 investors from at least 74 countries were potentially defrauded of about $350 million by EB-5 project organizers in Northeastern Vermont. The private project that was supposed to encourage an economic revitalization in northern Vermont turned into a...
by Julian Falgons | Apr 19, 2016 | Uncategorized
Are you are a non-resident alien receiving U.S source income? Examples of US source income include rental income from a property located in the U.S or distributions from a company formed in the United States. If you realize too late that you need to declare your U.S...