In speaking with a potential asset protection client last week, two separate questions came up. This post is intended to answer those questions, in case anyone else is facing the same issues. Part of what we do as asset protection attorneys at Lodmell & Lodmell is to answer your questions, so please contact us if…
Our site contains a lot of information on business entities created for the purposes of asset protection. Among those entities are limited liability companies, family limited partnerships, and offshore asset protection trusts. These are powerful tools, to say the least. When used properly and in conjunction with one another, they can certainly provide you with…
Florida asset protection law was in flux for a while with respect to inherited IRA accounts. A number of Florida courts had decided that an IRA inherited by anyone other than a spouse constituted inheritance rather than retirement savings. The difference between those classifications is crucial. General inheritance is not protected from creditors as an…
Identity theft is a really hot topic. In a difficult economy, unscrupulous thieves find opportunity in exploiting good people. Technology actually makes the job of identity thieves easier, because there is a lot of information available to anyone who knows how to capture it. Believe it or not, identity thieves spend a lot of money…
By Ike Devji, J.D. Of-Counsel, Lodmell & Lodmell, P.C. The last four years has created an explosion in the Asset Protection planning field due to both the large number of people who have finally realized that their wealth is more finite and fragile than they ever imagined and the litigation boom that inevitably follows tough…