The Nestmann Group keeps you up to date on important trends, developments and risks that may affect you. Here’s what’s new…
It was the summer of 1965, and I was recuperating from a broken arm in the home where I grew up in West Virginia. I couldn’t swim or play baseball with my friends since I had a cast on my arm, and I was bored silly.
John Oliver is hardly a libertarian, but his Last Week Tonight show on HBO regularly highlights how US citizens are royally screwed by Uncle Sam and his minions.
Some people collect stamps, coins, or antique furniture. I collect stories of frivolous lawsuits.
The concept of retirement is a relatively modern idea. In your great-grandparents' time, only those who had accumulated great wealth could afford to stop working as they aged.
Deferring tax on income or gain is almost as effective as avoiding it altogether. That's because the longer you can defer payment, the lower your effective tax rate.
Thanks to the recent royal wedding, the British monarchy – the Crown – is in the news again.
“I’m from the IRS and I’m here to help you.” Yes, that statement is one of life’s big lies. But several years ago, it looked as if the IRS intended to help people with offshore tax problems.
In one of his most memorable statements, former President Ronald Reagan said in his 1981 inaugural address, “Government is not the solution to our problem...”
Do you have profits in bitcoin or other cryptocurrencies you need to report to the IRS? Are you – and your tax advisors – confused about how to do it?
I’ve long advised our clients to send only secure emails and to post only information they wouldn’t mind being reported on the front page of The New York Times on social media platforms like Facebook.
In the last 150 years, a previously unknown social concept has taken hold in the US and other wealthy countries: retirement. And just as we’re getting used to it, it’s being wrenched away from us.
Read only the mainstream media and you’ll think that Americans evade $150 billion or more in taxes on offshore assets every year.
In 1971, President Richard Nixon told an ABC News reporter that he was "now a Keynesian in economics."
Back in 2005, Congress snuck an obscure provision into a military spending bill that, in effect, created the first national ID card in US history.
It’s the little blue book that Americans love to hate, and it’s just about impossible to cross an international border without it.
Monopolies established by governments never work as intended. But that hasn’t stopped kings, presidents, prime ministers, and other authority figures from creating them.
Your voice is the newest security feature used to uniquely identify you. Smartphones and devices like the Amazon Echo let you add items to your personal calendar, make calls, or send emails using only your voice.
I’ve just returned from nearly three weeks in Europe, where I visited with my network of international bankers, asset managers, and trustees.
In the 30-plus years I’ve been in the publishing business, I’ve seen my share of “new countries.” Some are scams, such as the Dominion of Melchizedek, which I exposed as a fraud nearly two decades ago.
A new batch of stolen data from an offshore services provider has now been released. Dubbed the “Paradise Papers,” the leak consists of more than 13.4 million documents from Appleby’s, an international law firm based in Bermuda.
Bitcoin continues to set almost daily price records.Yesterday it was selling for $6,953.58/BTC. Indeed, since the beginning of 2017, the price of bitcoin has more than quadrupled.
Millions of Americans in Texas, Florida, and other states affected by Hurricanes Harvey and Irma have had their lives upended by these storms. We extend our thoughts and concerns to all of them.
If you're familiar with the Star Trek spin-off television series, The Next Generation, starring Patrick Stewart, you know about the Borg.
On or around October 2, the US federal government will shut down – again. The actual date could be a bit earlier or later, depending on how the government’s cash flows.
In late May, Senators Charles Grassley, Dianne Feinstein, and Sheldon Whitehouse introduced the Combating Money Laundering...
I just finished a series of meetings with a client, a lawyer who no longer practices law but has shrewdly invested in a series of startups. He’s amassed a multi-million dollar fortune – and a collection of frivolous lawsuits.
One of the realities of modern life is that government control over its citizens has become pervasive. Nowhere is that more true than in our right to travel internationally.
Privacy advocates were aghast when President Trump signed a bill on April 3 that overturned restrictions on data sharing by internet service providers (ISPs).
I might be the only writer on the offshore beat who isn’t in love with Puerto Rico’s tax incentives. Recently, a colleague of mine whom I greatly respect published an entire issue of his newsletter about Puerto Rico.
I will be the first to admit it: I’m a lousy investor. My first forays into the investment markets came in the early 1980s, when I saved up enough money to buy some stocks.