Latest Blog Posts By Category
- Don't Rush Into Chapter 11 Bankruptcy
If your company has serious litigation, or lender or creditor problems, refrain from hastily filing Chapter 11 bankruptcy. The reality is that most small companies don't survive Chapter 11. More ...
- What are some precautions for debtors planning bankruptcy?
Involve an Asset Protection Attorney in your planning. The interplay between Asset Protection and bankruptcy law can be extremely complex, and the new bankruptcy laws raise many unanswered questions. ...
- How can I protect my non-exempt assets in a bankruptcy?
The safest strategy to protect non-exempt assets is to convert unprotected assets into exempt assets. But you must then wait forty months before you file bankruptcy. A well-drafted limited partnership ...
- Stay Clear of Fraudulent Transfer Badges
A transfer is considered fraudulent if made with actual intent to hinder, delay, or defraud any creditor of the debtor. There's no bright-line rule here. A judge looks for indicia or ...
- Don't Let Fraudulent Transfers Undermine Your Plan
Books have been written about fraudulent transfers. Mention Asset Protection and you'll have questions about this important topic. It's not necessary to become an expert on fraudulent ...
- The Dangers of DIY Estate Planning
While it’s true that there are some really good companies with fill-in-the-blank templates online, more often than not a DIY Estate Plan can be riddled with error. Instructions for ...
- The role of bankruptcy in Asset Protection planning
Bankruptcy is increasingly necessary for the financially-troubled individual and company. More than two million individuals and companies file bankruptcy annually; not a surprising statistic once you ...
- What does it mean to 'die intestate'?
When a person passes without a will, they are said to die intestate. In these instances, their probate assets will be distributed to their heirs in accordance with the state’s intestacy laws. ...