The First Challenge Protecting qualified retirement plans has always been a challenge for Asset Protection Planners. First of all, in many cases, these assets are already well protected. For example, assets placed in plans authorized by the Employee Retirement and…
Presented by Lodmell & Lodmell, PC and Asset Protection Council TM Protecting Wealth Douglass Lodmell the Managing Partner had a live webinar for all of Lodmell & Lodmell clients to go over the 2016 Client Update on October 29, 2015. This…
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…
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…
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,…
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,…
Asset Protection works for one simple reason: It removes the economic incentive for a person, and that person's attorney, to pursue (SUE) you. It really is that simple. What is not simple is how you go about accomplishing removing the…
It has long been an idea that if you have debts, especially IRS debts, and you are about to receive an inheritance, one way to protect it is to disclaim. Well as of 2014 that is no longer the case. …
With the House of Representatives officially passing a bill which would endorse a lawsuit brought against the President of the United States (President Obama), I thought it would be an interesting thought experiment to ask if the President should consider…