Brent Nelson 🇺🇦
@wealthandlaw.bsky.social
Lawyer to global HNW families. Sharing tips from their success. Not legal advice. Podcaster, Author Thomson Reuters, ACTEC Fellow, Partner Rimon, P.C.
https://wealthandlaw.com/
https://www.rimonlaw.com/team/brent-nelson/
Content NOT legal advice
https://wealthandlaw.com/
https://www.rimonlaw.com/team/brent-nelson/
Content NOT legal advice
The thing with an 897(i) election is that it treats a foreign corp as domestic for FIRPTA purposes.
So all you have to do is consider how the other 4,000,000 or so words in the Internal Revenue Code apply.
So all you have to do is consider how the other 4,000,000 or so words in the Internal Revenue Code apply.
January 9, 2026 at 2:40 PM
The thing with an 897(i) election is that it treats a foreign corp as domestic for FIRPTA purposes.
So all you have to do is consider how the other 4,000,000 or so words in the Internal Revenue Code apply.
So all you have to do is consider how the other 4,000,000 or so words in the Internal Revenue Code apply.
Martinelli is a dumbass. That was nonsense. Perhaps he should have channeled that energy into giving MLS a decent pass or hitting a quality cross instead of a scooped miss hit
January 8, 2026 at 11:23 PM
Martinelli is a dumbass. That was nonsense. Perhaps he should have channeled that energy into giving MLS a decent pass or hitting a quality cross instead of a scooped miss hit
A humble revocable trust for your child's benefit can sometimes be the simple savings account/I don't totally trust my kids option.
January 8, 2026 at 11:20 PM
A humble revocable trust for your child's benefit can sometimes be the simple savings account/I don't totally trust my kids option.
Being able to get control of the ball would be a good overall thought for Arsenal
January 8, 2026 at 9:25 PM
Being able to get control of the ball would be a good overall thought for Arsenal
Welcome to 2026, the year when you can make $194,000 of gift tax-free gifts to non-citizen spouses and can shelter $910,000 of gain if you expatriate as a covered expatriate (not recommended).
January 5, 2026 at 3:50 PM
Welcome to 2026, the year when you can make $194,000 of gift tax-free gifts to non-citizen spouses and can shelter $910,000 of gain if you expatriate as a covered expatriate (not recommended).
Welcome to the first full week of 2026, the year of $15 million exemptions and recognizing those Opportunity Zone 1.0 gains
January 5, 2026 at 2:48 PM
Welcome to the first full week of 2026, the year of $15 million exemptions and recognizing those Opportunity Zone 1.0 gains
Chelsea have now beaten both Arsenal and MC 1-1 this season
January 4, 2026 at 7:32 PM
Chelsea have now beaten both Arsenal and MC 1-1 this season
Pretty basic civics lesson: the rule of law means even the government must follow the law.
January 4, 2026 at 7:06 PM
Pretty basic civics lesson: the rule of law means even the government must follow the law.
The thing is, when you have a system based on the rule of law, you should be very shocked when the government violates the law. If the government doesn’t have to follow the law that’s a lawless system. So, imagine you have a written constitution that does not provide for a lawless system. What then?
January 4, 2026 at 7:04 PM
The thing is, when you have a system based on the rule of law, you should be very shocked when the government violates the law. If the government doesn’t have to follow the law that’s a lawless system. So, imagine you have a written constitution that does not provide for a lawless system. What then?
I believe in the rule of law. That includes international law.
January 3, 2026 at 6:43 PM
I believe in the rule of law. That includes international law.
Disgusted. You can have your differences with Venezuela and Maduro, etc. they have plenty of problems. But this is blatantly illegal and immoral
January 3, 2026 at 3:23 PM
Disgusted. You can have your differences with Venezuela and Maduro, etc. they have plenty of problems. But this is blatantly illegal and immoral
If Trump Accounts have utility, and I'm dubious they do, we'd need an opt-out program, not the opt-in program that began yesterday
As much as it pains me to admit, I agree with Ted Cruz on that narrow point
thehill.com/opinion/fina...
As much as it pains me to admit, I agree with Ted Cruz on that narrow point
thehill.com/opinion/fina...
thehill.com
January 2, 2026 at 3:46 PM
If Trump Accounts have utility, and I'm dubious they do, we'd need an opt-out program, not the opt-in program that began yesterday
As much as it pains me to admit, I agree with Ted Cruz on that narrow point
thehill.com/opinion/fina...
As much as it pains me to admit, I agree with Ted Cruz on that narrow point
thehill.com/opinion/fina...
Wishing you all a very Happy New Year! Here’s to another year full of time with those we love and admire!
January 1, 2026 at 4:50 PM
Wishing you all a very Happy New Year! Here’s to another year full of time with those we love and admire!
I think we all belong to Jesus today!!
December 30, 2025 at 9:54 PM
I think we all belong to Jesus today!!
You can’t do that and be the starting center forward of a top club
December 30, 2025 at 8:30 PM
You can’t do that and be the starting center forward of a top club
It’s sometimes hard to recall, but Ukraine did not invade itself, or try to annex itself, or steal its own elections, or steal billions from itself and then retreating to Russia, or violate its security and friendship treaties.
December 29, 2025 at 3:31 PM
It’s sometimes hard to recall, but Ukraine did not invade itself, or try to annex itself, or steal its own elections, or steal billions from itself and then retreating to Russia, or violate its security and friendship treaties.
I like this winning thing much more than the losing thing and I am old enough to remember the losing thing vividly
December 27, 2025 at 10:39 PM
I like this winning thing much more than the losing thing and I am old enough to remember the losing thing vividly
That was easier to score than miss. Good lord
December 27, 2025 at 4:44 PM
That was easier to score than miss. Good lord
The way Arsenal invite the opposition into their own box on about 60 minutes every match is concerning
December 27, 2025 at 4:42 PM
The way Arsenal invite the opposition into their own box on about 60 minutes every match is concerning
Every time I watch an NBA game I learn I have no idea what the rules of basketball are.
December 27, 2025 at 5:21 AM
Every time I watch an NBA game I learn I have no idea what the rules of basketball are.
Warmest holiday greetings my friends!
З Різдвом!
З Різдвом!
December 26, 2025 at 7:04 PM
Warmest holiday greetings my friends!
З Різдвом!
З Різдвом!
An unfunded (or under funded) revocable trust is not a failed estate plan.
December 22, 2025 at 2:59 PM
An unfunded (or under funded) revocable trust is not a failed estate plan.
I feel like more advisers need to talk to a litigator about the breadth of a subpoena.
December 20, 2025 at 6:08 PM
I feel like more advisers need to talk to a litigator about the breadth of a subpoena.
Remember those annual exclusion checks aren’t completed gifts until they’re cashed. Happiest holidays.
December 16, 2025 at 4:03 PM
Remember those annual exclusion checks aren’t completed gifts until they’re cashed. Happiest holidays.
A very helpful reminder from my friend Marty Shenkman that many legacy irrevocable trusts might have renewed life if we can do some basis planning for them. Higher $15 million exemptions will open more doors to doing this, while the opportunity lasts
www.forbes.com/sites/martin...
www.forbes.com/sites/martin...
www.forbes.com
December 14, 2025 at 2:20 PM
A very helpful reminder from my friend Marty Shenkman that many legacy irrevocable trusts might have renewed life if we can do some basis planning for them. Higher $15 million exemptions will open more doors to doing this, while the opportunity lasts
www.forbes.com/sites/martin...
www.forbes.com/sites/martin...