Estate Planning as a Career

Opening an offshore bank account is a matter which should be discussed in detail with a financial advisor such as Estate Street Partners and possibly a lawyer, depending on your individual circumstances and reasons for wanting the account. There has been negative press involving owners of offshore accounts who abuse the bank services to launder money or commit other forms of fraud (tax evasion, hiding money for divorce purposes, etc).

CONS OR DISADVANTAGES OF OFFSHORE BANKS

Offsho (more…)

Home Equity Lines of Credit (HELOC) provide homeowners with a ready source funds for major planned and unplanned purchases. A HELOC works much like a credit card, providing a secured cash advance whenever the homeowner needs to make a purchase. Typically, the HELOC does not restrict a borrowers purchases, but the deductibility of the interest on the loan may vary.

HELOCs hold several advantages and disadvantages. On the positive side, a HELOC can make a substantial amount of credit avai (more…)