Clearly high-risk, high net worth individuals are obvious candidates for some form of deterrence against the abuse of law that dominates the U.S. tort system. In practice, however, just about anyone with assets can benefit from asset protection planning. This is particularly true of middle-class Americans who find that even a modest lawsuit can wipe…
Run away jury awards and the growing number of aggressive attorneys willing to pursue marginal cases under a generous contingent fee arrangement have created an avalanche of unpredictable lawsuits in our civil justice system. Accentuating the encouragement of plaintiff lawsuits is the high cost of defending against even a frivolous lawsuits, which is approximately $94,000…
What is an Asset Management Limited Partnership™ (AMLP) and how it is it different than an LLC? It is important to know how our Partnership is different from a Limited Liability Company. These legal entities are similar in structure, but used in distinct and complimentary ways when the goal is Asset Protection. The AMLP™ An…
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 money should I ever need to use the Trust?” The answer is in the details…
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 safe in America. Certainly not for high-risk professionals in medicine, finance, construction, law, business owners…