Generally asset protection refers to situations where individuals or married couples are seeking to protect their assets and property from third parties, such as creditors and potential lawsuits. In terms of one spouse desiring to protect assets from the other spouse a different analysis must be done. The short answer is that if asset protection…
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…