Publikációk

Introduction of the Trust

Introduction of the Trust in Hungary and the International Practice

by Dr. Menyhei Ákos Dr. B. Szabó Gábor

This book is a comprehensive collection of publications in the area of Hungarian Trust regulation...

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The use of the Hungarian Foundation for asset protection and private purposes

by Dr. Menyhei Ákos Dr. Menyhei Ákos

The introduction of the new Hungarian Civil Code1 three years ago has changed the estate planning environment, by providing for two types of legal solutions for estate planning...

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Ügyvédek Lapja 2017 - A protektor jogintézménye

by Dr. Ulmann Kristóf Dr. Ulmann Kristóf

2014. márcuis 15-én, a polgári törvénykönyvről szóló, 2013. évi V. törvény (Ptk.) hatályba lépésével a magyar jogrendszerbe bevezetésre került a Trust, magyar nevén a bizalmi vagyonkezelés...

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A bizalmi vagyonkezelés

A bizalmi vagyonkezelés - nem "szóló táncos" ügyvédeknek

by Dr. Menyhei Ákos Dr. B. Szabó Gábor

A márciusban hatályba lépő új Ptk. nevesített szerződéstípusként bevezeti a bizalmi vagyonkezelést...

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Introduction of the Trust in Hungary and the International Practice

Introduction of the Trust in Hungary and the International Practice

by Dr.  Menyhei Ákos Dr. Menyhei Ákos

In the present study, it said the book is essentially a selection of presentations at conferences so far contains edited versions, with the aim that these events should be made knowable to all those interested. The presentation of the book STEP operation of private law, licensing,...

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Development of the estate planning industry through the introduction of the trust in Hungary

Development of the estate planning industry through the introduction of the trust in Hungary

by Dr.  Menyhei Ákos Dr. Menyhei Ákos

Parallel with the implementation of the trust in Hungary, the complete legal environment was harmonized to conform to the trust rules. The author explains some of the misunderstandings of the continental law trust. In particular, the article describes the historical background, the...

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A bizalmi vagyonkezelés

A bizalmi vagyonkezelés társadalmi hatásai

by Dr. Menyhei Ákos Dr. B. Szabó Gábor

A bizalmi vagyonkezelést a hatályos magyar jogba az új Ptk. emelte be 2014-ben. Azóta szakmai konferenciák és írások sokasága elemezte...

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A Lawyer’s Guide to Asset Protection Planning in California, 2nd Edition

A Lawyer’s Guide to Asset Protection Planning in California, 2nd Edition

by Jacob Stein Jacob Stein

A Lawyer’s Guide to Asset Protection Planning in California (Second Edition) is the first and only treatise on asset protection planning specific to California. A desktop reference guide that every attorney in California should have. In-depth coverage of the underlying substantive law...

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A bizalmi vagyonkezelés

A vagyonkezelő ügyvéd

by Dr. Menyhei Ákos Dr. B. Szabó Gábor

A hazai jogtudomány és jogalkotás az elmúlt és a még előttünk álló jó néhány évben az egyes jogterületeket átfogó nagy törvénykönyvek, kódexek újraírásának korát éli...

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Business Law in Hungary

Business Law in Hungary

by Dr.  Menyhei Ákos Dr. Menyhei Ákos

Business Law in Hungary is a complete summary work about the most important legal rules and their interpretations in Hungary. It appeals the attentions of foreign lawyers and investors who would like to understand in depth the legal system of an EU country. The work is a great...

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A bizalmi vagyonkezelés

A magyar megoldás

by Dr. Menyhei Ákos Dr. B. Szabó Gábor

Nemzetközi adószakértői körökben a magyar adótervezési és adóoptimalizációs lehetőségek ma még kevéssé ismertek. Pedig Magyarország tulajdonképpen már az 1989-es politikai rendszerváltás óta fokozatosan bővítette adórendszerében...

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Pre-Immigration Tax Planning

Pre-Immigration Tax Planning

by Jacob Stein Jacob Stein

There are three ways a country can define its tax borders: citizen-based, residence-based and territorial. A citizen-based tax system taxes all income earned by the citizen, regardless of where that citizen lives or where the income is earned. The residence-based model taxes worldwide...

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A bizalmi vagyonkezelés

Kölcsönletét visszajár

by Dr. Menyhei Ákos Dr. B. Szabó Gábor

Mindenki legyen óvatos a véleményalkotással, ha megbízható és mértékadó források hiányában kénytelen egy szakmailag kiemelkedő jelentőségű kérdést megítélni...

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Structuring Foreign Investment in the U.S.-Russian Lng  СТРУКТУИРОВАНИЕ ИНОСТРАННЫХ ИНВЕСТИЦИЙ В США

Structuring Foreign Investment in the U.S.-Russian Lng СТРУКТУИРОВАНИЕ ИНОСТРАННЫХ ИНВЕСТИЦИЙ В США

by Jacob Stein Jacob Stein

Инвестиции в бизнес или недвижимость в США должны быть структуированы, чтобы позволить себе конфиденциальность, защиту активов и минимизацию налогообложения, т.к. налоги в США на любой доход и налоговое структуирование часто влияют на сделку....

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A bizalmi vagyonkezelés

The Hungarian trust - facts and misunderstandings (angol nyelvű)

by Dr. Menyhei Ákos Dr. B. Szabó Gábor

May anyone claim that the historical background of the one ro the other legal systems are more valuable ot that the concept of bifurcation (legal and equitable) provides a better solution than the contractual solution...

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A bizalmi vagyonkezelés

The competitive edge (angol nyelvű)

by Dr. Menyhei Ákos Dr. B. Szabó Gábor

The Hungarian parliament recently adopted a new act under the title of "Increasing the legal competitiveness of the business environment"...

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Lawyer’s Guide to International Taxation Part I

Lawyer’s Guide to International Taxation Part I

by Jacob Stein Jacob Stein

Our journey begins with a misnomer, "International taxation." The body of law addressed in this article has nothing to do with international taxation. There will be no discussion of the French VAT, the Italian IRPEF, or the Swedish PAYE. What is commonly referred to "international...

Lawyer’s Guide to International Taxation Part II

Lawyer’s Guide to International Taxation Part II

by Jacob Stein Jacob Stein

Part II of this 2-part series addresses outbound taxation (including taxation of controlled foreign corporations, foreign trusts, and passive foreign investment companies; the foreign tax credit; and IC-DISCs) and expatriation. To read Part I, please click here. 

California Business...

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Asset Protection for California Residents

Asset Protection for California Residents

by Jacob Stein Jacob Stein

The only book on asset protection planning specific to California residents. This book is a must read for any Californian who has assets that he wants to keep. Learn how to use limited liability companies, limited partnerships, various trusts, transmutation agreements, sophisticated...

A Lawyer’s Guide to Asset Protection Planning In California

A Lawyer’s Guide to Asset Protection Planning In California

by Jacob Stein Jacob Stein

A Lawyer's Guide to Asset Protection Planning in California is the first and only treatise on asset protection planning specific to California. A desktop reference guide that every attorney in California should have. In-depth coverage of the underlying substantive law and legal...

Hungary: Estate planning in Hungary: private foundation or trust?

Hungary: Estate planning in Hungary: private foundation or trust?

by Dr.  Menyhei Ákos Dr. Menyhei Ákos

In 2014, the new Civil Code entered into force in Hungary, providing local legal tools for estate planning. It provides for the option to establish both private foundations and trusts. The Trustees Act as additional legislation provides auxiliary rules creating a protected and...

Structuring Foreign Investment in the United States

Structuring Foreign Investment in the United States

by Jacob Stein Jacob Stein

Inward US investment is typically motivated by the benefits of fiscal transparency, a well-developed political and legal system, economic stability, and the absence of currency controls, as well as the need for privacy, asset protection and minimal worldwide taxation.

Foreign Investors Beware: Attribution of U.S. Trade or Businesses Through U.S. Agents

Foreign Investors Beware: Attribution of U.S. Trade or Businesses Through U.S. Agents

by Jacob Stein Jacob Stein

Foreign Investors, almost uniformly dislike paying U.S. taxes and filing U.S. tax returns. In many countries, for cultural, political, or personal safety reasons, privacy is paramount. Disclosure of one's financial affairs to any government is viewed as risky and something to avoid....

Hungary for business

Hungary for business

by Dr.  Menyhei Ákos Dr. Menyhei Ákos

This article summarises the most important corporate and tax rules regarding business in Hungary.

A bizalmi vagyonkezelés

A bizalmi vagyonkezelés

by Dr.  Menyhei Ákos Dr. Menyhei Ákos

A kézikönyv komplex módon, A-tól Z-ig összefoglalja a jogintézmény valamennyi releváns területét a szabályozás és a gyakorlat teljes kör# bemutatásával és szükség szerinti kritikájával. Így ismerteti a bizalmi vagyonkezelés sajátos vonásait, megkülönbözteti a hasonló célra alkalmas...

International Joint Ventures - A Concise Guide for Attorneys and Business Owners

International Joint Ventures - A Concise Guide for Attorneys and Business Owners

by Jacob Stein Jacob Stein

If you are going to expand your business overseas, you will be faced with a myriad of choices. You need to know which questions to ask and what issues to consider. This nut-and-bolts will cover legal, tax and practical aspects of forming and operating a joint venture with a foreign...

The Use of Entities in Structuring Foreign Investment

The Use of Entities in Structuring Foreign Investment

by Jacob Stein Jacob Stein

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.

The Tax Guide to EB-5 Investment in the U.S.

The Tax Guide to EB-5 Investment in the U.S.

by Jacob Stein Jacob Stein

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...

Taxes Across Borders - A Guide to Foreign Investment in California Real Estate

Taxes Across Borders - A Guide to Foreign Investment in California Real Estate

by Jacob Stein Jacob Stein

While a non-resident alien (NRA) desiring to invest in US. real estate property typically has many goals, such as liability protection and privacy,the main  concern is to minimize worldwide income and estate tax liability.

Taxes Across Borders

Taxes Across Borders

by Jacob Stein Jacob Stein

WHILE A NON-RESIDENT ALIENT (NRA) DESIRING to invest in US. real estate property typically has many goals, such as liability protection and privacy,the main concern is to minimize worldwide income and estate tax liability.

Limits to tax planning

Limits to tax planning

by Dr.  Menyhei Ákos Dr. Menyhei Ákos

I'm one of the co-authors of this wonderful book that is about tax planning and its limits. The book was written during the International Tax Law LL.M. program of Vienna University of Economics and Business, cooperation with Austrian and International Tax Institute....

Tax Planning for Foreign Investment in California Real Estate

Tax Planning for Foreign Investment in California Real Estate

by Jacob Stein Jacob Stein

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...

The Emotional Consequences of Asset Protection

The Emotional Consequences of Asset Protection

by Jacob Stein Jacob Stein

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...

Robb Report - Asset Protection

Robb Report - Asset Protection

by Jacob Stein Jacob Stein

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.

McCourt Divorce Shines A Light on Asset Protection

McCourt Divorce Shines A Light on Asset Protection

by Jacob Stein Jacob Stein

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....

Asset Protection May Risk Fraudulent Transfer Violations

Asset Protection May Risk Fraudulent Transfer Violations

by Jacob Stein Jacob Stein

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....

Tilting at Windmills: California’s Treatment of a Foreign Jurisdiction’s Series LLCs

Tilting at Windmills: California’s Treatment of a Foreign Jurisdiction’s Series LLCs

by Jacob Stein Jacob Stein

The concept of a series LLC ("Series LLC") has been adopted from the offshore mutual fund industry, where segregated portfolio companies and protected cell companies have been in existence for quite some time. 

Legal Strategies to Protect Your Properties

Legal Strategies to Protect Your Properties

by Jacob Stein Jacob Stein

Most plaintiffs and creditors simply give up the chase when confronted with an asset protection structure. 

Commercial real estate owners are frequent targets of lawsuits. Typically, these are lawsuits arising from their real estate operations, such as lender actions for default....

Asset Protection as a Line of Defense

Asset Protection as a Line of Defense

by Jacob Stein Jacob Stein

Real estate developers, builders and investors are frequent targets of lawsuits, particularly suits by lenders for defaults and suits by homeowners for construction defects. Most developers spend fortunes litigating these cases, file for bankruptcy or simply throw up their hands in a...

Asset Protection for Orthodontists

Asset Protection for Orthodontists

by Jacob Stein Jacob Stein

Although orthodontists represent only 7% of all dentists in the United States,' they face a disproportion ately large number of malpractice lawsuits. 

Asset Protection for Doctors

Asset Protection for Doctors

by Jacob Stein Jacob Stein

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.

Importance of Trusts in Asset Protection

Importance of Trusts in Asset Protection

by Jacob Stein Jacob Stein

The goal of all asset protection planning is to insulate assets from claims of creditors without concealment or tax evasion. It is usually impossible to completely and absolutely protect assets, thus the focus of asset protection planning is on making assets more difficult and more...

A Practical Take on Charging Orders

A Practical Take on Charging Orders

by Jacob Stein Jacob Stein

There are relatively few types of assets that are statutorily protected from claims of creditors. Membership interests in limited liability companies (LLCs) and partnership interests are afforded a significant level of protection through the charging order mechanism. 

Advanced Asset Protection and Tax Planning with LLCs

Advanced Asset Protection and Tax Planning with LLCs

by Jacob Stein Jacob Stein

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.

Planning with LLCs

Planning with LLCs

by Jacob Stein Jacob Stein

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.

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

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

by Jacob Stein Jacob Stein

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...