Hot Tips (Other Useful Tips) Family Law Tip In the onslaught of any pending litigation where your assets and estate are at risk, consider doing an estate freeze to shelter future assets growth from creditors. Offshore Freeze Tip Consider the use of a domestic offshore corporation to hold the growth shares of your small business. The capital gain realized by the corporation on the disposition of the shares may be exempt from capital gains tax in the jurisdiction where capital gains are not taxed. Wills Tip - Multiple Wills Consider using multiple wills to transfer assets which do not require probate to transfer to avoid probate fees on death. Wills Tip Where minors are involved and where there will be sufficient estate assets, consider a gradual estate distribution subject to the executors discretion until children are of an older age. To age twenty-five, distribute 20%. At age thirty, 20%, age thirty-six 20%, at age forty-two 20%, and at age 48, the balance. The logic is in a discretionary distribution. Creditor proofing and estate preservation until maturity of children. See Also:  Estate Planning  |  Income Tax