Arizona Limited Partnership vs. Nevada or Delaware
Does Jurisdiction Matter? There is no doubt that jurisdiction matters a great deal. This is particularly true for common estate and asset protection planning tools such as Limited Partnerships and Limited Liability Companies. The reason jurisdiction matters so much is because it is the very statues and case law of…
What I learned from Tim Ferriss
I am sitting in the airport waiting for my flight to Dusseldorf on my way to Italy with my wife (No Kids:-) for some much needed R&R. And I am just back from a seminar in Austin which I normally would not have thought to attend. But what I am…
Should you Sign on Behalf of your LLC, FLP or Trust?
It's all about the Banks! So what really is the deal with Banking? I mean it is about as clear as mud, especially now after an $11 Trillion dollar government bailout! What is happening with the banks? Why aren't they lending? Why didn't we let them fail? Why do they…
What is an Irrevocable Trust?
What does the word Irrevocable Mean? How is it different from a Revocable Trust? Are they the same thing? These are questions I get all the time. So let's clear this all up. First, please watch the short video below in which I explain what the heck Irrevocable really means. Now…
Is the LLC Charging Order still Alive after Olmstead v. FTC?
On June 24, 2010 the Asset Protection world got news of yet another significant case that makes us look again at how strong domestic asset protection really is. Once again the FTC is at the masthead (Remember FTC vs. Affordable Media). This time around the Florida Supreme Court is taking…
What is an Asset Protection Trust?
To understand what an Asset Protection Trust is, and how it works we must first look at the concept of a Trust itself. In the most basic terms: "A Trust is a legal relationship in which one person (Trustor) transfer something of value (Assets) to a 2nd person (Trustee) to…
What is the Ultimate Asset Protection Plan?
The Ultimate Asset Protection Plan moves from a deterrent effect plan to a complete solution plan. What this means is that in a critical situation the plan is capable of physically removing your assets away from the U.S. jurisdiction and the U.S. judges, juries and plaintiffs attorneys. As we saw…
Does the FLP really work for Asset Protection?
To answer this question we must first understand what Asset Protection really is. In the most basic sense, Asset Protection is any action that dissuades or disallows any unwanted and unauthorized person or entity from reaching your assets. That's really it. In that sense, Asset Protection could include: Giving your…