Douglass Lodmell

Florida Courts Extend Statute of Limitations for Fraudulent Transfers up to 20 Years! In a recent Florida appeals case (Biel Reo v. Barefoot Cottages Development, 2014) two debtors defaulted on a loan and shortly thereafter transferred millions to irrevocable trusts naming their wives as trustees. The creditor obtained a judgment and pursued collection efforts through the…

John Bowen is a nationally recognized entrepreneurial coach and this is a great interview with Douglass Lodmell.  This is a unique opportunity to get to know a little more about how Doug and his family actually built the Asset Protection Law Firm. Click Here to see the full interview

Puerto Rico is continuing to get attention and interest from serious people.  This is an interesting clip from Bloomberg TV.

Act 20 & Act 22 have the potential to have a huge impact on Puerto Rico by attracting the right kind of investment and residents. If you are already in the process of filing your Act 20 or 22 petition, then you already know how beneficial this can be to your bottom line tax bill…

The short answer is YES! For 20 years I have been advising clients that setting up sketchy offshore tax schemes is not in their best interest. I have often said: “If there was a real offshore tax plan that worked, I would be doing it” Well as of 2012 when Puerto Rico passed Act 20…