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William R. Simon, Jr., Esq.

The Texas Homestead Exemption: Protect Equity and Your Wealth in your Texas Residence through Asset Protection

Understanding the Texas Homestead Exemption The Texas Homestead Exemption is a legal provision designed to provide homeowners with certain benefits and protections. It’s enshrined in the Texas Constitution and further defined in state statutes. The primary purpose of this exemption is to protect a homeowner’s primary residence from creditors and provide relief from excessive property […]

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Is a Wyoming Qualified Spendthrift Trust Right for your Asset Protection?

Understanding the Wyoming Qualified Spendthrift Trust Before deciding if a Wyoming QST is suitable for your needs, it’s essential to understand the core characteristics of the trust. A QST is a type of trust that offers robust benefits – those being asset protection, flexible trust structuring, tax advantages, and privacy. Wyoming, known for its strong

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Lessons from History: The Confiscation of Gold and the Case for Bitcoin

In examining past events, it becomes evident that the potential for asset seizing is not just theoretical; it has materialized in significant ways. Past events echo the possibility of similar measures being taken in the future. To safeguard one’s wealth and preserve the security and wellbeing of your finances, it’s vital to consider alternative asset

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The Importance of a Back-up Plan: Learning from the Historical Fall of Great Nations

Take the case of ancient Rome, whose currency, the denarius, was once the cornerstone of global trade. Rome’s eventual collapse was not due to a single catastrophic event but rather a culmination of political instability, devaluation of the currency, and overextension of military and economic resources. Similarly, the Dutch guilder, another historical powerhouse, saw a

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Are You Having ‘Force Majeure’ Headaches Due to COVID?

Previously reserved for unlikely events such as floods and other natural disasters, force majeure clauses have seen a rise in invocation in the wake of the COVID-19 pandemic. With the pandemic disrupting industries globally and inhibiting many companies from satisfying contractual obligations, the doctrine of force majeure is proving a useful remedy for some parties

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Protecting Your Digital and Financial Assets Requires More Than a Simple Firewall and a Family Trust

The average person has over 25 different logins in today’s increasingly digital world. Wealthy investors likely have even more digital assets, such as e-commerce businesses, domain names, blogs, copyrights, trademarks, and patents. Given the scope of the online digital landscape, some individuals fail to recognize the depth and complexity of the assets and information they

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Contractor Liability is Seemingly Endless – How To Smartly Put A Stop To The Legal Bleeding

Every morning, at 5:45 a.m. when your alarm clock goes off, the day begins and the daily obstacle of avoiding the landmine of potentially devastating and catastrophic events across your growing number of jobsites has begun once again. At any moment, a slip, a fall, an ‘oops’, an ‘uh-oh’, could result in a downpour of

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Could You Gain Tax-Benefits From A Delaware Statutory Trust?

Real estate investments have been highly sought after by investors of all levels. Some investors live for the hustle and bustle that come with real estate investments and some investors are in it of the passive income. For the investors that like the idea of passive income, but hate the idea of managing a tenant,

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Who is Sollertis and How Do Clients Benefit From Having a Legal Quarterback?

Sollertis is the Law Firm and Legal Team business owners have been crying out for, with a Quarterback as Chief Counsel calling the plays across business and personal fronts for your clients, it offers the most holistic legal strategy for elite and executive individuals. This legal quarterback is your personal direct contact and oversees the

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