398 | Asset Protection Trust
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Description
An asset protection trust (aka equity split) does not give you 100% protection but it helps. Each layer you use increases your protection from creditors.
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Employee Share Option Plans - or ESOPs - give you an option to receive a share. That option might vest in the future, or it might not. Hence, taxation occurs only at the vesting point. Or in other words: The taxation point is at the point of vesting.
Published 06/16/24
Published 06/16/24
Employee Share Plans (ESP) give you shares without any strings attached. They are taxed upfront.
Published 06/09/24