In today’s litigious society, it is an almost certainty that everyone knows someone who has battled through some legal obstacle. Another almost certainty is that, with tens of thousands of civil lawsuits filed every day, chances are your turn is…
Class action lawsuits are where the real money lies in the U.S. tort system! In general, a class action is a lawsuit where many people with similar complaints join together to sue one person, company or other organization. Some call…
The concept on irrevocably seems simple. Irrevocable means any action which once done, cannot be undone. For example, once you jump off a bridge, you are off. There is no undoing it and reversing yourself up (unless you have a…
Court reform is as important as tort reform in returning justice to America’s civil justice system. Judges must remember that courts are places were injured people can be compensated for wrongs done to them— not where opportunists can strike it…
Any gymnast will tell you that flexibility is the key to strength. The same holds true for legal planning. With its simple grantor trust status and pass-through taxation, as well as its initially domestic jurisdiction, the Bridge Trust® has proven…
The ultimate tragedy of the sense of “victimization” and “entitlement” that now permeates the American psyche is the worsening affect it is having on the diminution of the Rule of Law. Where once the public, the business world and the…
No other legal system in the world functions remotely like the U.S. tort system. Unlike any other country in the world, America encourages lawsuits. The more the merrier, according to many modern-day American jurists. The intent, or so the rationalization…
Tailoring asset protection plans to individual needs is a job that only a skilled and experienced asset protection attorney should attempt, if for no other reason than that the benefits of the strategies employed may be lost if they fail…
Almost twenty years ago Lodmell & Lodmell began as a boutique law firm focusing exclusively on preserving private client wealth. Today we are one of the leading firms in the world in a field that is literally exploding. With over…
The worst mistake when creating an asset protection plan is to mix safe and risky assets. For example, if we were to create an LLC we wouldn’t put your rental real estate property in there with a bunch of cash.…