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Blog Posts in November, 2015

What are the downfalls to waiting until children are fully grown to execute an Estate Plan?

The clear downfall will occur if you and your spouse pass away or become incapacitated unexpectedly. If you don’t plan for the guardianship of your minor children, you essentially are allowing ...
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What property is exempt in bankruptcy?

In Chapter 7 bankruptcy, the trustee liquidates the debtor’s assets for the benefit of the debtor’s creditors. However, an individual can keep certain property for the debtor to gain a ...
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If IRAs are not as fully protected in my state as annuities are, should my IRA buy an annuity?

Many states fully exempt annuities against lawsuits but don’t similarly protect IRAs. If that’s your state law, then you might consider investing your IRA in annuities. You wouldn't ...
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Would an international LLC better protect my IRA than a domestic LLC?

Yes. For stronger protection you should invest your retirement funds into an international LLC. Your IRA will be better protected than if you invest in a domestic LLC. Your retirement plan (IRA) would ...
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For added protection can I title my IRA to a limited liability company?

You can invest unprotected IRAs, SEP-IRAs or deferred compensation plan funds into a domestic single -member limited liability company (LLC). This gives your retirement funds ‘charging order ...
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The Presser Law Firm, P.A. - Asset Protection Attorney
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