What are Trusts using Section 541 or SPA provisions?
A Trust using Section 541 is designed to take advantage of Section 541 of the U.S. Bankruptcy Code. That section of the code defines what property is included and what property may be excluded from the bankruptcy estate. Here it is: 11 U.S. Code § 541 - Property of the Estate …
Dental Doc Talk Radio Interview with Douglass Lodmell
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Asset Protection – BRIDGE to another World
The world of Asset Protection is confusing. The world of the Internet has only made it more so. This post is one way in which I help my clients understand how Asset Protection really works. I hope this helps you too. There are 2 worlds for a U.S. Citizen. I…
Detroit Municipal Bond Bankruptcy
I have commented for years on my personal concern about the future of the $3.7 Trillion U.S. Municipal Bond market on my financial blog www.mindofmoney.com. With the recent filing of Detroit, the largest U.S. City ever to file for bankruptcy protection this week, I would like to recount the points…
Internet Accountability – The Good the Bad and the Ugly
Since 1997 Lodmell & Lodmell has worked with many clients, and for nearly that entire time we have been fortunate to have not a single "complaint" from a client or otherwise. (In fact we have had dozens and dozens of clients post testimonials about our services which you can see by…
The Arline Grant Case
There have always been detractors to Asset Protection Trusts. Most have been less than fully informed or have had an alternate agenda or product to promote. However, there is thoughtful analysis out there and one of my esteemed colleagues, whom I highly respect, comments regularly on why he believes the Foreign…
The Special Power of Appointment Trust
Asset Protection can be accomplished in several different ways. The ultimate goal is to protect your assets, while leaving you in the position to both control them and have beneficial use and enjoyment. Over the past 20 years a lot of different structures have been tried and are being promoted…
The Shocking Truth About the U.S. Legal System!
Several years ago I wrote this report, which has been downloaded thousands of times from my website. The most consistent feedback I get is disbelief that attorneys have had such a corrupting effect on our legal system. The other side of the coin is that readers tell me that they are…