The super-rich here in the U.S. with assets worldwide are sitting on needles and pins. Supposedly, we are to be told any day about the details of the pact made between the IRS and UBS. However, the "meat" of the deal varies widely depending on the source.
The IRS case against UBS involves an unprecedented piercing of Swiss banking secrecy laws because of alleged outrageous behavior by UBS bankers unauthorized to conduct banking activities in the U.S.
As an attorney and CPA, my practice concentrates on assisting clients where their legal and financial interests intersect, which occurs in a multitude of areas. One in particular is probate. Probate covers both disabled and deceased individuals. It is a very emotional time and can be very trying.
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