Time for Children to Get Asset Protection?
If you thought the tort system in this country could not get any more ridiculous, you would be wrong. This week, the biggest news coming out of the state of New York was that a judge there had ruled that…
Asset protection news by experts, with latest information on the laws, cases and application of trusts and legal entities
If you thought the tort system in this country could not get any more ridiculous, you would be wrong. This week, the biggest news coming out of the state of New York was that a judge there had ruled that…
Is there such as thing as Asset Protected Investing? Well, one way to answer that is - Sure, anything which is invested INSIDE an Asset Protection Plan is asset protected investing. That much is easy. The more difficult question is, "Is…
Medical Malpractice Lawsuits are a Nightmare The biggest legal nightmare for any doctor is a medical malpractice lawsuit. However, there are other forms of litigation that can be initiated against physicians, and all of these can leave your assets vulnerable.…
Medical malpractice insurance is expensive. In fact, insurance premiums in some parts of the country have become so high, that many doctors have simply decided to skip buying insurance altogether in a phenomenon called “going bare.” Other doctors are choosing…
More Reasons for Doctors to Get Asset Protection A bitterly contested challenge to a cap on non-economic damages in medical malpractice lawsuits in Nevada, will be closely watched by doctors and asset protection attorneys. The Supreme Court there is soon…
Asset protection is a process by which persons try to protect their assets from seizure by plaintiffs or creditors. These two words have become even more important during a recession, when the need to protect and preserve your wealth from…
The biggest myth that asset protection lawyers come across is that only the super wealthy need to protect their wealth. Nothing could be further from the truth. A disgruntled employee who wants to make a quick buck at your expense…
It’s not the sort of thing that you want to think about. But as a new survey shows, you definitely should look at preparing for it. We’re talking about medical malpractice lawsuits and the findings of a new survey just…
A Self Settled Spendthrift Trust is also called an asset protection trust. Simply put, in a trust like this, the Settler or Grantor is also the Beneficiary of the Trust. These trusts are therefore established for the benefit of the…
Recently I made the unreasonable request to my clients to drop everything and show up in Miami with less than a month of notice to my first ever client Workshop and Mastermind Seminar. I limited participation to 30 spots, and…