Latest Blog Posts By Category

The latest posts for Asset Protection are listed below.

What Are the Ethics of Using Asset Protection to Prevent Creditors from Getting Paid?
While Asset Protection is 100% legal, the moral or ethical quandaries are another issue entirely. Some people believe it’s unethical or improper to shelter their assets from those who have a ...
Using Debt-Shields to Reduce the Exposed Equity of Protectively-Titled Property
Once a property is protectively titled, its exposed equity can be reduced with debt-shields, as we suggest with the family home. You want to adopt the same equity reduction strategies you'd use ...
Does a Revocable Living Trust offer Lawsuit Protection?
The Revocable Living Trust is very popular in America. A living trust helps you avoid the cost and delay of probate. You can also avoid the dangers from jointly owning assets. But here’s the ...

The latest posts for Bankruptcy are listed below.

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 ...
Can bankruptcy stop foreclosure of my property or seizure of other assets by a judgment creditor?
Bankruptcy automatically stops creditor lawsuits, collections or repossessions. The automatic stay under bankruptcy further transfers pending or future collection and debtor-creditor cases from other ...

The latest posts for Corporations are listed below.

Why are S Corporations less preferred over C Corporations for Asset Protection purposes?
Before the advent of the Limited Liability Company (“LLC”), the corporation was the only practical entity for the business owner from an Asset Protection point of view. The choice was then ...

The latest posts for Divorce are listed below.

Five ways to lower huge legal fees when divorcing
Divorce lawyers can consume one-third or more of a divorcing couple’s assets. In a sense, you may need as much protection against huge legal fees as against spousal claims. Why fight to keep ...
How can a cohabitating couple avoid legal claims and property disputes?
This is a growing legal concern because many more couples now live together without marrying. Some want to test their relationship. Older folks may live together because marriage would disqualify them ...
How can I protect my assets from a spouse who may dissipate or conceal marital assets before the divorce?
Spouses who are most often cheated out of marital assets in divorce are usually those spouses who know too little about the family finances. Divorcing spouses can be dishonest. Asset searches by ...

The latest posts for Estate Planning are listed below.

At what age should I create my first will?
In the United States, any person over the age of 18 is entitled to create a Will. Legal age varies by state, and some even allow minors to create Wills at the ages of 14 or 16. Without a Will, state ...
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 ...
What can happen if my Will is not created properly?
A Last Will and Testament is a document that states how your probate assets will be distributed at your death, who will act as the personal representative (executor) and who will be guardians of your ...

The latest posts for Foreclosure are listed below.

Can bankruptcy stop foreclosure of my property or seizure of other assets by a judgment creditor?
Bankruptcy automatically stops creditor lawsuits, collections or repossessions. The automatic stay under bankruptcy further transfers pending or future collection and debtor-creditor cases from other ...

The latest posts for International Asset Protection are listed below.

How Safe is International Asset Protection?
For the safest protection, you should keep a portion of your assets in an international jurisdiction. International family wealth planning has been popular for 2,000 years, originating with the Roman ...
Is there one specific entity or magic bullet for Asset Protection planning?
The belief that there could be a ‘one-size fits all’ Asset Protection plan is a common myth that needs to be destroyed. No such thing exists. That’s not to say some “Asset ...
Can assets be divorce-proofed by transferring them internationally?
Sometimes spouses planning divorce do shelter their assets in international asset protection trusts. Although they must disclose these trust assets to the divorce court, the court generally cannot ...

The latest posts for Marriage are listed below.

Five ways to lower huge legal fees when divorcing
Divorce lawyers can consume one-third or more of a divorcing couple’s assets. In a sense, you may need as much protection against huge legal fees as against spousal claims. Why fight to keep ...
How can a cohabitating couple avoid legal claims and property disputes?
This is a growing legal concern because many more couples now live together without marrying. Some want to test their relationship. Older folks may live together because marriage would disqualify them ...
How can I protect my assets from a spouse who may dissipate or conceal marital assets before the divorce?
Spouses who are most often cheated out of marital assets in divorce are usually those spouses who know too little about the family finances. Divorcing spouses can be dishonest. Asset searches by ...

The latest posts for News are listed below.

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. ...

The latest posts for Taxes are listed below.

How can the potential loss of assets to the IRS be avoided?
While staying tax compliant and cooperating with the IRS are obvious, there are other Asset Protection strategies to avoid the potential loss of assets to the IRS. We would give these important ...

The latest posts for Trusts are listed below.

Does a Revocable Living Trust offer Lawsuit Protection?
The Revocable Living Trust is very popular in America. A living trust helps you avoid the cost and delay of probate. You can also avoid the dangers from jointly owning assets. But here’s the ...