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…
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…
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…
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…
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…
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…
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…
FLP vs LLC – What’s the difference?
Compared to the FLP, the LLC is the relative newcomer to the field. LLC's began in the 1970's in Wyoming and Florida. They create a corporate structure, and give the benefits of a corporation without the downside of double taxation.…
What Is The Achilles Heel Of Asset Protection?
In Greek Mythology, Achilles was the greatest warrior of Homer’s Illiad. He was invulnerable on all of his body, except at his heels, where the God’s held him while dipping him into the magical liquid that was the secret to…
How Asset Protection Works – Secrets of Asset Protection
Asset Protection attorney Douglass Lodmell explains how the Family Limited Partnership and the International Asset Protection Trust work to protect your assets. http://www.youtube.com/watch?v=LhEzIX17kpE