On September 24, 2024, California Governor Gavin Newsom signed into law AB 2837, dramatically reducing the creditor exemption for qualified retirement accounts in California. The new law will take effect on January 1, 2025. In the wake of these changes,…
The AZ LP as my preferred choice as a holding company has to do with some specific features. Some have to do with the LP vs the LLC in General. Others are charging order specific and AZ is just one…
Section 280A of the Internal Revenue Code lets you rent out your home for up to 14 days per year without having to report the income. The tax exemption is one of the rare opportunities to earn money and not…
I’ve been recently receiving a number of questions regarding the use of “Friendly Liens” - as means of asset protection. If you’re not familiar with the term, it refers to a lien against property you own, typically real estate, held…
Over the past 7 years our office has received many, many calls from investors who believe they are poised to receive a major cash windfall. These investors have chosen to speculate on a possible re-valuation of the Iraqi Dinar. Although…
Bankruptcy is extremely misunderstood, today more than ever, as more and more people are turning to attorneys seeking its protection. The concept behind Bankruptcy (or BK as it's called), is simple: to create a fresh start without the burden of…
Having practiced law for just over 20 years, my sense is that our legal system will eventually impact everyone in this country in some way or another. The wonderful thing about it (and what attracted me to law in the…
Domestic asset protection is any form of protection that relies on the laws of the United States for its ultimate security. This begins with the simple bankruptcy exemptions which are available to everyone and culminates with a Domestic Asset Protection…
If the exorbitant out-of-pocket cost of lawsuits for personal injury and other wrongful acts fails to cause extreme apprehension about the direction the U.S. legal system is moving, consider the adverse impact the proliferation of litigation has had on the…
