Latest Blog Posts By Category
- How Do Plaintiffs Collect on Their Judgments?
A judgment creditor seizes your assets by executing on their judgment. Many people confuse that a plaintiff simply needs to win a lawsuit to get paid, but in reality, they must collect on the judgment ... - Is Life Insurance Protected From Lawsuits?
Life insurance may be protected by state law, but its protection depends on your state. To see if Life Insurance is protected in your state click here. If you own a large life insurance policy you may ... - Use Your Asset Protection Plan to Discourage Lawsuits
Asset Protection is not about hiding or secrecy. You want an Asset Protection plan that lets you fully disclose your assets, confident that they'll remain safe from your creditor. A judgment ...
- 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. ...
- 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 ... - 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 Do Plaintiffs Collect on Their Judgments?
A judgment creditor seizes your assets by executing on their judgment. Many people confuse that a plaintiff simply needs to win a lawsuit to get paid, but in reality, they must collect on the judgment ... - Is Life Insurance Protected From Lawsuits?
Life insurance may be protected by state law, but its protection depends on your state. To see if Life Insurance is protected in your state click here. If you own a large life insurance policy you may ... - Use Your Asset Protection Plan to Discourage Lawsuits
Asset Protection is not about hiding or secrecy. You want an Asset Protection plan that lets you fully disclose your assets, confident that they'll remain safe from your creditor. A judgment ...
- 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 ... - The Benefits of International Asset Protection
The most defensive way you can protect your assets is International Asset Protection. While domestic Asset Protection offers great protection, International Asset Protection can offer you more. Anyone ... - How Can Life Insurance Become Credit Protected?
Life Insurance has seemingly become a forefront topic of conversation for many individuals in light of COVID-19. Life insurance may be protected by state statute, but its protection depends on state ...
- How Does Tax Planning Work with Asset Protection?
We take Tax Planning into consideration when creating each client’s individualized, customized, and tailored Asset Protection plan. Each structure, whether Domestic or International varies when ... - The Benefits of International Asset Protection
The most defensive way you can protect your assets is International Asset Protection. While domestic Asset Protection offers great protection, International Asset Protection can offer you more. Anyone ... - 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. ...
- 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 ... - Florida Homestead Tips and Traps - Part 2
The following are tips and traps related to applying for and maintaining homestead on a Florida primary residence: Review and File for all Qualified Exemptions: The homestead exemption is the most ... - Florida Homestead Tips and Traps - Part 1
Florida has by far the most desirable legal protections and real property tax benefits on its residents’ primary homes, however, remember that despite such protections, each county has strict ...
- 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 ...
- 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 ... - How Does Tax Planning Work with Asset Protection?
We take Tax Planning into consideration when creating each client’s individualized, customized, and tailored Asset Protection plan. Each structure, whether Domestic or International varies when ...
- How Do Plaintiffs Collect on Their Judgments?
A judgment creditor seizes your assets by executing on their judgment. Many people confuse that a plaintiff simply needs to win a lawsuit to get paid, but in reality, they must collect on the judgment ... - How Can You Maximize Your 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 ... - How Can You Protect Wages?
The portion of your paycheck a creditor can garnish is limited by both federal and state laws. As with any other state exemption, each state set its own wage protection limitations. Some states ...
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