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Rule: You actually do not trust anyone else with dollars unless you'll also trust them with existence. Even in the U.S. Trusting days should be ignored! For example, unless you have family in Panama that you trust, then you don't know anyone you will trust in Panama. Panama is a synonym for anyplace. You can't trust banks or a lawyer. Period. There are no exceptions.

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The increased foreign earned income exclusion, increased tax bracket income levels, and continuation of Bush era lower tax rates are all good news for many of American expats. Tax rules for expats are sophisticated. Get the professional help you have to have to file your return correctly and minimize your You.S. tax.

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