Asset Protection may ultimately rely on removing assets from the U.S. jurisdiction and away from the control of the clients. The question often arises: “How can the client be sure that the new foreign Trustee doesn't run away with my…
You can bet it wasn't a predatory attorney who said, "Money isn't everything." Because when it comes to the dysfunctional U.S. tort system, money is what it's all about. The ugly truth is that your wealth is no longer…
A famous lawyer once bragged that Suing doctors for profit is like shooting fish in a barrel. Was he right? Ask a physician. Forty percent of doctors have already been sued. No one in the healthcare industry is safe from…
Ever been sued? Ripped off in court over some frivolous complaint? Threatened with ruination by a dubious creditor? If not, count your blessings -- at least for now. Chances are you will be legally mugged sometime during your career and…
I often get questions that point to a very important distinction within asset protection. They basically go like this: "Doug I heard you describe why you consider real estate assets as different from cash or liquid assets because a local…
What are they? The Panama Papers are the 2.6 Terabytes of information which an International Consortium of Investigative Journalists released which showed the true ownership of thousands of offshore companies. This included connections to as many as 150 global politicians…
The Quantum Trust™ (QT) is a unique alternative to achieving both enhanced Asset Protection, as well Estate Planning in one Trust. Much like it’s big brother, The Bridge Trust®, the QT includes all of the Asset Protection Provisions of a…
I often write about the HOW of Asset Protection, focusing on the details of the planning, or what tools work best for particular assets. As I look back on almost 20 years of helping clients, I want to take a…
The LLC is a fantastic legal tool for integrating assets and businesses into a full estate and asset protection plan. It is a relative newcomer to the legal scene and for a full discussion of the history and benefits of…
What is an LLC? LLC is the abbreviation for "Limited Liability Company". The LLC is basically an upgrade to the C-corporation, and its baby brother the S-Corp. Prior to the LLC small businesses basically had to subject themselves to the…