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. ...
- How Powerful is the Homestead Protection?
Homestead exemptions can be a great tool for Asset Protection, depending on the state in which you live. The homestead exemption helps protect your home from creditors. Homestead laws apply only to ... - Don't Let Your Children Lose Their Inheritance!
Why do parents spend their lifetime scrimping, saving, and sheltering their wealth, only to leave their fortune to their kids who spend or lose it with their own lawsuits, bankruptcy, divorces, and so ... - Integrate Asset Protection with Your Other Financial Goals
Asset Protection is just one of your many financial goals. Most people have Estate Planning, tax, and investment goals as well. The best planning creatively combines Asset Protection with other ...
- Can a Creditor Find My Undisclosed Assets?
When faced with the perspective of losing a large amount of your assets to a creditor, many ideas might be running through your mind. There are things you can do to mitigate the damage but hiding your ... - 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 ...
- How Can I Best Protect My Investment Accounts?
Anyone with liquid assets titled in their personal name could lose it all to a lawsuit. The ideal way to protect your brokerage account would be to utilize international entities. Utilizing a foreign ... - Why Would You Use International Asset Protection?
There are many reasons why international Asset Protection is so effective. One reason, for example, is that international Asset Protection centers don’t enforce U.S. judgments or judicial or ... - 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 ...
- What Is the Best Business Structure For a Small Business?
There are three primary types of business structures, the sole proprietorship, the partnership, and several types of corporations. Within these structures many variations of the business may exist. ... - How Can I Best Protect My Investment Accounts?
Anyone with liquid assets titled in their personal name could lose it all to a lawsuit. The ideal way to protect your brokerage account would be to utilize international entities. Utilizing a foreign ... - Does Your LLC Fully Protect You?
Limited liability companies were designed to do what their name suggests, limit your liability. LLC’s limit the owner’s liability for any bad business debt within the corporate structure. ...
- 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. ...
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