Lawyer & Law Firm Network News
All of us have had, at one time or another, a problem, with our insurance companies... whether it's to fully compensate us for legitimate claims, or to properly cover all the "purported" coverage their sales people sold us, but later try to disclaim by "the fine print".
Marvin Goodson fills us in on "beating" one of America's best know insurance companies, Prudential Insurance, with a $6.7 million victory, $4 million of which was for punitive damages, due to the "bad faith" sales techniques their insurance agents used. Listen carefully to how you too can "Beat the fine print" in any insurance policy, no matter what the insurance companies claim. And believe it or not, this case all came about in the settlement of one of his clients estates.
For all of our listeners, who live and work, or who are planning to live or work overseas, Jim Bridgman is your "Go-to" lawyer, who explains in a easy step by step manner, how to purchase and protect your assets overseas, in Europe or in Latin America, set up bank accounts, U.S. Tax regulations you must follow when doing business or traveling overseas. Jim further explains those all important estate planning documents you must set up before you travel, just in case the "unimaginable" happens in a foreign country. Foreign countries have their own tax and estate laws too, and Jim shows you how to protect the assets you've worked so hard to earn.
The show really takes off when Jerry, Marvin, and Jim start sharing their valuable advice for all of us, who are looking for the best ways to build, protect and preserve our estates both here in the United States, as well as in other countries. They discuss in detail: IRS Regulations (What you really need to know to abide by our laws, overseas); the Q Dot Trust (Why it's important for you); Recommendations for Overseas bank accounts (How to stay out of trouble with local authorities and the IRS); Setting Up "Advanced Healthcare Directives" (which we all need, believe it or not) and avoiding the Terri Schiavo legal tragedy.
Additionally, Jim brings up an extremely important point when working or traveling overseas, and that is the issue of "Apostille", which is the Embassy Legalization service of US Documents.
It's usually complicated and in many cases the lack of time or expertise causes you delays and valuable lost time. "Apostille" provides that your important documents be recognized in the country in which you are seeking legalization. And for all of us Americans, who plan to retire to a foreign country like Mexico, Europe, the Caribbean, or anywhere, you need to do this.
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