|
Pennsylvania Info
Pennsylvania Divorce
Start Your Divorce
Find Professionals
Pennsylvania Articles
Divorce Facts
Divorce Grounds
Residency
Divorce Laws
Property Division
Alimony
Child Custody
Child Support
Divorce Forms
Grandparent Rights
Pennsylvania Articles
Agreements
Custody & Visitation
Child Support
Counseling
Divorce/General
Domestic Abuse
Financial Planning
Mediation
Property Division
Spousal Support
Info Categories
Contemplating Divorce
Children & Divorce
Divorce, Dollars & Debt
Divorce Laws
Divorce Process
Divorce Negotiation
More Information
Articles Checklists Research Center Cases of Interest Dictionary Encyclopedia Encyclopedia (pop-up) Blogs
For Professionals
Advertise With Us Free Network Page Join Our Network Submit Articles Sign In Network Sites
|
A Global Perspective on a Domestic Relations Problem
Is there a darkening of our age? Will nation states become meaningless shells? Will international mobsters and corporations prevail creating feifdoms without land? Will international highway robbers leave women and children destitute? Will the middle class become W-2 serfs to corporate lords? Will those W-2 serfs be the only taxpayers? The key piece in this evolving scenario is the role of offshore banks in the destruction of the power of the nation state. Offshore banks are used by individuals to avoid the judgments of our courts, the regulations of our government, and the payment of taxes, not to mention to launder the fruits of illegal activities. Money laundering activities divert illegally gotten gains and capital from our own country as well as fledgling democracies in the Near East and Africa, not to mention Russia. Lawyers who help set up offshore accounts should, this author believes, be seen as breaching their professional ethical obligations because their efforts are prejudicial to the administration of our courts, depriving our courts of tax revenues and undermining the enforcement of court judgments. The IRS estimates that there are $70 billion in lost tax revenues because of offshore accounts. The W-2 serfs are estimated to be paying ten cents of every dollar of tax to make up for unreported offshore income. Corporations avoid our government's laws and regulations by setting up corporations offshore. As an example, many corporations have self-insurance subsidiaries located offshore which cannot provide American citizens with the protection that would be provided were they regulated under American laws. Moreover, the profits from those businesses are not taxable by the United States nor are they likely to be taxed in their offshore locations. Russian mobsters have laundered tens of billion of dollars skimmed off of the fragile Russian economy by laundering those dollars through the island of Nauru. Drug lords and gun runners routinely launder money through offshore banking locations. American property owners take rental income, or the proceeds from refinanced mortgages and divert those dollars to offshore locations in abusive trust schemes which are hard to find and difficult to track. South Africans, who have accrued substantial wealth from the apartheid system, immigrate to this country leaving their dollars offshore and are permitted by our own laws to never pay taxes on the income from those offshore accounts. What kind of citizenship is that? Not just nation states are affected, family stability is eroding and children's security is jeopardized when unsophisticated spouses lose their marital rights as a result of sophisticated "divorce proofing". Wiley fathers escape support court and marital assets are sequestered in offshore locations where offshore trustees, the "flight" clauses provided in the trust documents and banking secrecy laws create insurmountable barriers to obtaining and distributing those offshore assets and income the family may need. As in the dark ages, women and children are more vulnerable to highway robbery. How is the nation state harmed? If a nation cannot tax its citizens, it cannot provide services. If it cannot enforce its laws, its laws are meaningless. If it cannot defend itself from international criminal elements, it cannot provide security for its residents. If the government cannot compel the obligations of parents, families disintegrate creating burdens and disruption of society. If the haves escape their responsibility to the community, the have-nots become disenchanted, critical, and, ultimately, rebellious. There are international banking arrangements which are legitimate. Multi-national joint ventures should be able to pick neutral banking locations with reliable courts, arbitration and financial services. More discussion is required to distinguish productive multinational banking arrangements from those which promote criminality and erode national identity and coherence. The United Nations has had various task forces which have called for a worldwide effort to stop international money laundering. We, in the United States, need to take a closer look at this issue. Patriotism needs to be redefined in the context of the temptation worldwide to escape the rights and obligations of citizenship.
Navigate:
Home
States
Pennsylvania Divorce Source
Pennsylvania Divorce Articles, News and Resources
Domestic Abuse
A Global Perspective on a Domestic Relations Problem
If spouses cannot fairly divide the marital property, the court will divide it as fairly as possible. Marital fault is not a consideration in property division. In Pennsylvania, property acquired during the marriage is jointly owned regardless of title. The court considers the duration of the marriage, individual assets and potential for bringing in money, how much each contributed to the marital property, including homemaking, and who will have physical custody of the children.
|
Find Professionals
Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
|
FEATURED TOOL - How to Stop Your Divorce (Even When You Think its Too Late)
|
Your Right to Child Custody, Visitation & Support Cover Price: $ Your Price: $17.95 You Save: $7.00 "A Plain English Guide to Protecting Your Children" Author: Mary L. Boland, Attorney at Law
|
| The information contained on this page is not to be considered legal advice. This website is not a substitute for a lawyer and a lawyer should always be consulted in regards to any legal matters. Divorce Source, Inc. is also not a referral service and does not endorse or recommend any third party individuals, companies, and/or services. Divorce Source, Inc. has made no judgment as to the qualifications, expertise or credentials of any participating professionals. Read our Terms & Conditions. |





