Publications

Select a section below to view the many different articles, books white papers and newsletters released by the attorneys at Klueger & Stein, LLP.

Articles1

Articles published by Jacob Stein and Bob Klueger.

The Tax Guide to EB-5 Investment in the United States

EB 5 Investor Guide- October2013 by Jacob Stein EB 5 Investment Magazine, October 2013

A foreigner desiring to invest in a U.S. business or joint venture has many goals, including privacy, liability protection and the need to minimize world-wide income and estate tax liability. EB-5 investors are also concerned with the tax planning that needs to take place before the investor is granted permanent residence status in the United States.

The Use of Entities in Structuring Foreign Investment

Business Entities, March/April 2013 by Jacob Stein Business Entities, March/April 2013

International political uncertainty has continued to lead foreign investors to the U.S. The U.S. is politically and economically more stable, legally and fiscally transparent, and it imposes no currency controls. Various entity choices exist for investors.
[ Download PDF - 1.44 MB ]

Finally, Cliff Deal Provides Some Finality in Estate Planning

LA Daily journal by Robert Klueger LA Daily journal, January 2013

On Jan. 1, 2013, Congress enacted the American Taxpayer Relief Act of 2012, the law that averted us all going over the "fiscal cliff." The act ended a tortuous road that the estate tax and gift tax have followed for more than a decade.
[ Download PDF - 713.7 KB ]

Tax Planning for Foreign Investment in California Real Estate

LA Lawyers by Jacob Stein LA Lawyer, January 2013

THE RECENT CONFLUENCE of falling U.S. real estate prices and a weaker dollar, together with the flight of capital from Russia and China, has produced a significant demand for real estate in California, Florida, and Manhattan among foreign investors. This demand is fueled by the global perception that the United States is politically and economically stable (or at least more stable than the alternatives), has a transparent legal system that makes it easy for foreigners to invest in real estate and imposes no currency controls, making it easy to divest.
[ Download PDF - 1.1 MB ]

Expand Choices by Creatively Unwinding Irrevocable Trusts

Estate Planning by Jacob Stein Estate Planning, December 2012

Despite what its name implies, an irrevocable trust may be subject to change or termination through the implementation of various strategies.
[ Download PDF - 16.95 MB ]

Overview of International Estate Planning

Valley Lawyer by Robert Klueger Valley Lawyer, Oct 2012

ESTATE PLANNING IS OFTEN difficult enough when the client was born, resides and owns property in Tarzana. It can be infinitely more difficult if the client was born and/or resides and/or owns property in Tanzania. If the client contemplates relocating, either permanently or temporarily, from Tanzania to Tarzana, there are opportunities to be had, and pitfalls to be avoided—before the client's tax status changes. This article explores the differences in the ways in which U.S. citizens, U.S. resident aliens (RAs) and non-resident aliens (NRAs) are subject to U.S. income tax and estate tax, and the estate tax planning opportunities for NRAs.
[ Download PDF - 173.0 KB ]

Practical Primer and Radical Approach to Asset Protection

Estate Planning by Jacob Stein Estate Planning, June 2011

Jacob Stein's latest article puts a radical and new twist on asset protection planning. Taking an honest and practical approach, the article delves beyond mere legalities and explores how asset protection really works in practice.
[ Download PDF - 1.72MB ]

Jacob Stein Published in The Daily Journal

Estate Planning Daily Journal, December 2010

The Emotional Consequences of Asset Protection
This year has been an emotional rollercoaster for our clients. As asset protection attorneys, we represent a great many people facing financial adversity. Our clients often come to us in a very depressed and disturbed state of mind. It is hard not to get emotionally involved in their problems…
[ Download PDF - 245KB ]

Jacob Stein Interviewed by Robb Report

Estate Planning RobbReport.com, September 2010

RobbReport.com speaks with asset protection specialist Jacob Stein, Esq. of Klueger & Stein, LLP in Los Angeles about the importance of protecting valuable assets, such as your private residence, rental real estate, investments and retirement plans.
[ Download PDF - 166KB ]

McCourt Divorce Shines A Light on Asset Protection

Estate Planning by Jacob Stein

Los Angeles Daily Journal, September 2010

Asset protection has significantly gained in prominence over the past few years. The declining fortunes of real estate developers and investors facing personal guarantee calls, coupled with business owners teetering on the verge of bankruptcy, resulted in a boom for this industry.
[ Download PDF - 529KB ]

Asset Protection May Risk Fraudulent Transfer Violations

Estate Planning by Jacob Stein

Estate Planning, August 2010

Last-minute asset protection planning can frequently run afoul of the fraudulent transfer laws. This article will help advisors determine when a transfer may be "fraudulent" and what would be the likely consequences of such a transfer to the client and to the attorney.
[ Download PDF - 14.7MB ]

Holding On - Properly structured ERISA plans provide a powerful tool in asset protection planning

Holding On by Robert F. Klueger

Los Angeles Lawyer, December 2009

When contemplating a plan for asset protection, practitioners and their clients often focus on the most exotic approaches, such as foreign and domestic trusts, transmutation agreements, and limited liability companies. Indeed, they often overlook the fundamentals of asset protection, including exempt assets-those that cannot be seized by creditors because they are exempt under federal or state law. Any asset protection plan should begin with an inventory of the client's exempt assets, which should in turn lead to an inquiry whether the client's nonexempt assets can be converted into exempt assets.
[ Download PDF - 3.06MB ]

Alleged Madoff Victims May be Vulnerable to Other Victims' Claims

Holding On Los Angeles Times, February 2009

When contemplating a plan for asset protection, practitioners and their clients often focus on the most exotic approaches, such as foreign and domestic trusts, transmutation agreements, and limited liability companies. Indeed, they often overlook the fundamentals of asset protection, including exempt assets-those that cannot be seized by creditors because they are exempt under federal or state law. Any asset protection plan should begin with an inventory of the client's exempt assets, which should in turn lead to an inquiry whether the client's nonexempt assets can be converted into exempt assets.
[ Download PDF - 74.8KB ]

Tilting at Windmills

Tilting at Windmills by Jacob Stein

Business Entities, May/June 2008

California's Treatment of A Foreign Jurisdiction's Series LLCs.
[ Download PDF - 1,764KB ]

California Registration Requirements for Foreign LLCs

California Registration Requirements for Foreign LLCs by Jacob Stein

California Tax Lawyer, Summer 2008

The question of California registration comes up often when foreign limited liability companies are used as holding companies for California legal entities, or own passive assets in California like bank accounts and non-income producing real estate.
[ Download PDF - 489KB ]

Legal Strategies to Protect Your Properties

Legal Strategies to Protect Your Properties by Jacob Stein

Real Estate Investor, October 2007

Most plaintiffs and creditors simply give up the chase when confronted with an asset protection structure.
[ Download PDF - 679KB ]

Asset Protection as a Line of Defense

Asset Protection as a Line of Defense by Jacob Stein

Real Estate Southern California, September 2007

Developers and investors will always be targets of lawsuits. The only way to change that is by removing a plaintiff's financial motivation.
[ Download PDF - 646KB ]

Asset Protection for Orthodontists

Asset Protection for Orthodontists by Jacob Stein

OrthodontlcProductsOnline.com, April/May 2007

Although orthodontists represent only 7% of all dentists in the United States, they face a disproportionately large number of malpractice lawsuits. This is true for anyone in the medical field who performs a large number of procedures.
[ Download PDF - 2.17MB ]

Asset Protection for Doctors

Asset Protection for Doctors by Jacob Stein

Plastic Surgery Products Magazine, February 2007

This article provides a comprehensive overview of asset protection for doctors. It focuses on the most practical asset protection strategies and examines the most commonly used structures. For each asset type, different alternatives are discussed and compared.
[ Download PDF - 2.37MB ]

The Importance of Trusts in Asset Protection

The Importance of Trusts in Asset Protection by Jacob Stein

California Trusts and Estates Quarterly, Winter 2007

In this well-received article, Jacob Stein examines the crucial role that trusts play in asset protection and advises on how trusts should be drafted to maximize their asset protection effectiveness. The article also includes a thorough examination of foreign trusts and recent cases in that arena.
[ Download PDF - 1.07MB ]

A Practical Take on Charging Orders

A Practical Take on Charging Orders by Jacob Stein

RIA, Business Entities Magazine, September/October 2006

One of the most comprehensive articles ever written on charging orders. The article examines charging order history, variances in state laws, uniform laws and various concerns.
[ Download PDF - 9.48MB ]

Advanced Asset Protection and Tax Planning with LLCs

Advanced Asset Protection and Tax Planning with LLCs by Jacob Stein

Los Angeles Lawyer, June 2006

In this exhaustive article, Jacob Stein examines such issues as LLC charging orders, series LLCs, foreign LLC structures, drafting issues and tax planning concerns. This article is an exhaustive reference on many LLC issues.
[ Download PDF - 3.70MB ]

Planning With LLCs

California Registration Requirements for Foreign LLCs by Jacob Stein

California CPA, August 2005

From the time limited liability companies came into prominence, practitioners have been working to maximize their asset protection, business flexibility and tax advantages, among other benefits.
[ Download PDF - 198KB ]

Tax-Free Exchanges and Fractional Interests: TICs, Tax, Go!

California Registration Requirements for Foreign LLCs by Jacob Stein

Orange County Lawyer, August 2003

Jack was fast approaching his "golden" years, and following the advice of his attorney/CPA/financial planner was looking to diversify his only asset, a 30,000 square-foot shopping center. Having made his living off real estate, Jack was not interested in pork belly futures, blue-chip stocks or aircraft leases; hewas looking to diversify into real estate.
[ Download PDF - 367KB ]

Practical Considerations in Asset Protection Planning

Practical Considerations in Asset Protection Planning by Robert F. Klueger
Los Angeles Lawyer Magazine, July/August 2003

This article provides an extensive overview of commonly used asset protection techniques and common obstacles facing the asset protection attorney, including fraudulent conveyance laws.
[ Download PDF - 3.87MB ]
Search Klueger & Stein
Loading
Call Us: (818) 933-3838

New Asset Protection Podcasts

Podcasts

New Video Podcasts: If you really want to learn about asset protection planning, pour a cup of coffee and tune in to our Asset Protection Podcasts. These recent seminars taught by asset protection specialists Jacob Stein and Bob Klueger are available online.

view or listen to our podcasts...

Jacob Stein, JD, LLM

Jacob Stein, JD, LLM Mr. Stein is one of California's best known attorneys, teaching dozens of legal seminars each year on the subjects of asset protection and...

read Jacob's Profile...

Robert Klueger, JD, LLM

Robert Klueger, JD, LLM Mr. Klueger is one of the very few private attorneys in America who has argued a tax case before the United States Supreme Court...

read Robert's profile...

NEW: Robb Report Interview

Jacob Stein, JD, LLM RobbReport.com speaks with asset protection specialist Jacob Stein, Esq. of Klueger & Stein, LLP in Los Angeles about the importance of protecting valuable assets, such as your private residence, rental real estate, investments and retirement plans.

read the article here... or at RobbReport.com