Blog Posts in January, 2014
Posted on Jan 27, 2014 By The Presser Law Firm, P.A.
Asset Protection is the process of protecting your assets while you are alive and well. Estate planning is the process ensuring that your assets are passed, at your death or incapacity, to intended ...
Continue reading "How does Estate Planning Works with Asset Protection?" »
Posted on Jan 20, 2014 By The Presser Law Firm, P.A.
Both the limited liability company and limited partnership similarly protect assets, however, we wouldn't normally title a client's home to a family limited partnership or multi-member limited ...
Continue reading "When should someone title their home to a protective entity, such as a limited partnership or limited liability company?" »
Posted on Jan 13, 2014 By The Presser Law Firm, P.A.
Tenancy-by-the-entirety is a special type of joint tenancy reserved for husbands and wives – recognized in twenty-five eastern states. Some tenants-by-the-entirety laws provide no more creditor ...
Continue reading "My state allows spouses to title their homes as tenants-by-the-entirety. How good is this protection?" »
Posted on Jan 6, 2014 By The Presser Law Firm, P.A.
Commonly the family residence is titled to the less liability prone spouse. While this makes the home safer, it also has drawbacks. One drawback is that you can't be certain that your spouse will ...
Continue reading "Is it a good idea to title the family home my spouse if they have less lawsuit exposure?" »