Asset Protection

  A limited liability company (LLC) is a relatively new type of business entity that was first authorized in the U.S. in the 1970’s. It is considered a sort of hybrid, with the limited liability of a corporation and the pass-through taxation of a partnership or sole proprietorship. As a business structure, it has many […]

Litigation is a profitable business. Predatory attorneys know how to make money by starting lawsuits, and there is a never-ending pool of potential plaintiffs, eager to cash in. The cultural standards which once would have discouraged such conduct have all but disappeared. The likelihood of becoming a victim of such litigation depends on two factors:

Wealth serves different purposes for different people. That purpose may be living a comfortable lifestyle, supporting charitable causes, providing for your family (now and after you’re gone), or reaching a variety of other goals. But what wealth means to everyone who has worked hard (and invested wisely) to achieve it is this: Financial freedom. Financial

Wealth serves different purposes for different people. That purpose may be living a comfortable lifestyle, supporting charitable causes, providing for your family (now and after you’re gone), or reaching a variety of other goals. But what wealth means to everyone who has worked hard (and invested wisely) to achieve it is this: Financial freedom. Financial

At the most basic level, asset protection consists of taking affirmative steps to shield your wealth in the case of an unexpected event of duress. Almost everyone engages in some form of asset protection. A common example of this is car insurance. You buy car insurance so that, in case you cause an accident, the

The goal of asset protection is to separate you from your assets, so that your personal liability does not endanger them. This is done by titling your assets not in your personal name, but in various legal entities and trusts. For instance, if you purchase a piece of real estate to use for rental income,