Latest Blog Posts By Category
- Exemption Planning is Critical for Asset Protection
There are some assets that are exempt under federal law, but most exemptions come from state law. Exemption planning is the process of reorganizing one's wealth so that as much as possible is ... - 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. ...
- Can You Protect Your Assets Against Divorce?
Unquestionably, a fair, legally-binding pre-marriage agreement is your safest way to secure your assets. A pre-marriage agreement is a written contract between intended spouses which specifies how ... - Protecting Your Real Estate Assets
The first rule is to title all real estate that you own or co-own – other than your personal residence – to one or more limited liability companies (LLCs). This includes land, vacation ... - Are Land Trusts Good For Asset Protection?
Land trusts are increasingly popular for real estate investors who want anonymity as an extra layer of protection. The property in trust isn’t directly connected to the owner through the public ...
- Can You Protect Your Assets Against Divorce?
Unquestionably, a fair, legally-binding pre-marriage agreement is your safest way to secure your assets. A pre-marriage agreement is a written contract between intended spouses which specifies how ... - How Are Assets Divided In The Case Of Divorce?
Unquestionably, a fair, legally binding pre-marriage agreement is your safest way to secure your assets. A pre-marriage agreement is a written contract between intended spouses which specifies how ... - Overview of Land Trusts
A Land Trust is a way to hold Real Estate in such a manner where the owners of the Real Estate can remain private to the Public. This is the case because the only individuals listed in the Public ...
- FAQ on Transfers Answered
1. What do you mean by a transfer after you incur a 'present liability'? If you sell an asset for less than its fair value, the creditor must secondly show that the transfer occurred after you ... - Are Domestic Asset Protection Trusts Good Asset Protection Tools?
Alaska, Delaware and a few other domestic asset protection trust (DAPT) jurisdictions encourage the formation of trusts in their states. These DAPT jurisdictions promise added estate planning and ... - Asset Protection for Doctors: Risks and Mistakes to Avoid
While everyone needs Asset Protection, doctors especially vulnerable due to the nature of their profession. Creating an Asset Protection plan catered to your medical career will protect not only ...
- FAQ on Transfers Answered
1. What do you mean by a transfer after you incur a 'present liability'? If you sell an asset for less than its fair value, the creditor must secondly show that the transfer occurred after you ... - Protecting Your Real Estate Assets
The first rule is to title all real estate that you own or co-own – other than your personal residence – to one or more limited liability companies (LLCs). This includes land, vacation ... - New Year - It's Time to Review Your Planning
The new year is the perfect time to start thinking about a meeting with your Asset Protection and Estate Planning Attorney. It’s a good habit to review your documents every year. If you have ...
- Can You Protect Your Assets Against Divorce?
Unquestionably, a fair, legally-binding pre-marriage agreement is your safest way to secure your assets. A pre-marriage agreement is a written contract between intended spouses which specifies how ... - How Are Assets Divided In The Case Of Divorce?
Unquestionably, a fair, legally binding pre-marriage agreement is your safest way to secure your assets. A pre-marriage agreement is a written contract between intended spouses which specifies how ... - The 2020 Gift and Estate Tax Exemption
Each year, towards the end of the year, the Government announces the Estate Tax Exemption for the following year along with the corresponding Gift Tax Exemption. The Estate Tax Exemption is the sum of ...
- How Does The Limited Partnership Protect Personal Liquid Assets?
Right now, if you own any liquid assets (stocks, bonds, cash, brokerage accounts, checking, savings, CD’s, etc.) in your personal name and you are sued, you can los every penny. However, if you ... - Why is Asset Protection so Important Today?
The answer is obvious. We live in a lawsuit-crazy, financially risky world; where too many people unexpectedly lose their assets. The number of lawsuits in American havereached sweeping proportions. ... - Asset Protection Guide: Understanding Insurance Companies and How to Beat Them
Over the past few weeks, numerous small business owners have been caught off guard by the fine print inside their business interruption coverage. Am I covered for Coronavirus? Is it legally considered ...
- Protecting Your Real Estate Assets
The first rule is to title all real estate that you own or co-own – other than your personal residence – to one or more limited liability companies (LLCs). This includes land, vacation ... - How can you make life insurance lawsuit-proof?
Life insurance may enjoy state statutory protection. But again, its protection depends on state laws. Click here to check your state. If you own a large life insurance policy you may title your ... - Estate Planning Tips for Minors - Part 2
Last week we discussed a few ways to pass your assets and best protect minors. This blog will focus on additional methods to pass on your assets to children, including life insurance, retirement ...
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