Security, confidentiality and efficiency in the handling of topics and matters entrusted to the office.
TRUST
CREDIBILITY
Legal services provided with the highest standard of excellence and quality.
SUPPORT
Professional team qualified to practice law in several branches of law.
Lawyer in New York
Law Firm located in New York, specializing in local and international advice in several areas of law, such as Trusts and Estate Planning, Real Estate, Tax, among other areas.
PRACTICE AREA
FREQUENTLY ASKED QUESTION
There can be many reasons for utilizing a trust. However, a Trust is especially useful for tax and estate planning. A Trust can ensure that assets are transferred from one generation to the next, without unnecessary delays, expenses and all in accordance with the Settlor’s wishes. Without a Trust, the transfer of ownership to the intended beneficiaries will have to take place through a lenghy and costly probate procedure.
A foreign corporation is useful in protecting a foreign’s person anonymity and privacy with his financial affairs. In addition, accounts which are held in one person’s name are subject to United States probate in the event of the owner’s death. This can result in lengthy delays in distribution to heirs, considerable expenses and often requirement for obtaining foreign legal documents and court orders.
For income tax purposes, a person becomes a resident only if he passes a test referred to as substantial presence test. Under this test, a person will be a resident for any year if (a) a person is present in the United States for at least 31 days in that year, and if (b) the following sum equals or exceeds 183 days.
ABOUT US
WHO WE ARE?
Melleh Law Firm is devoted to providing high-quality work and the best in personal service to its clients. With several years of experience, the firm combines the accessibility and attentiveness of a small firm with the skills, experience and resources commonly associated with the larger firm.
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