Blog Posts in July, 2012
Posted on Jul 30, 2012 By The Presser Law Firm, P.A.
Absolutely. Diversification too is an important strategy. Deploying your assets into different protective 'baskets' is common sense and sound planning. Why keep all your eggs in one basket? ...
Continue reading "Defense-in-depth sounds sensible, but isn't it also sound to title your assets to separate entities?" »
Posted on Jul 23, 2012 By The Presser Law Firm, P.A.
Absolutely, and we usually do. Your asset protection plan may need only one firewall to well-shield an asset or it may require several. No matter how strong a particular firewall may be, there's ...
Continue reading "If we are unsure whether a particular firewall will succeed in blocking a creditor, can we add firewalls?" »
Posted on Jul 16, 2012 By The Presser Law Firm, P.A.
<p></p> <p>Let's destroy that common myth. There's no such thing as a 'one-size fits all' asset protection plan. But you're right. Some ...
Continue reading "Some asset protection planners recommend only one specific entity or strategy for asset protection planning. Is one technique better than another?" »
Posted on Jul 9, 2012 By The Presser Law Firm, P.A.
Of course! There are literally hundreds, or even thousands, of variations on the theme. There are many more entities we could discuss, but most entities and strategies, conceptually at least, fall ...
Continue reading "Can other 'firewalls,' entities or tools also shield assets?" »
Posted on Jul 2, 2012 By The Presser Law Firm, P.A.
We have any number of specific protective firewalls, but we most commonly use these eight 'firewalls:' 1) federal and state exemptions, 2) co-ownerships, 3) corporations, 4) limited ...
Continue reading "What specific asset protection tools or 'firewalls' do you use in your planning?" »