LAW OFFICE OF

ROBERT J. MINTZ

Exclusive Legal Representation For Your
Asset Protection Planning Needs

Asset Protection

Estate Planning

International Tax

Business Planning

LAW OFFICE OF

ROBERT J. MINTZ

Exclusive Legal Representation For Your
Asset Protection Plannings Needs

 Asset Protection

Estate Planning

   International Tax

    Business Planning

Surplus Cash

The corporation should never hold any surplus cash. You would be amazed at how often clients proudly tell us that they have accumulated $1 million of cash in a Merrill-Lynch CMA account. This is pure madness. Only amounts necessary to pay immediate and foreseeable obligations should remain in the corporate account. Any surplus should be loaned or paid out as salary or some other type of distribution. The last thing you want is a fat pile of cash available for the taking.