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LODMELL & LODMELL

One of the most common misconceptions about asset protection and divorce is that the spouse whose name appears on an asset owns that asset for divorce purposes.Consider a familiar situation: A couple marries with very little.…

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There has been a significant increase in the marketing of so-called “non-grantor trusts” as asset protection and tax-planning vehicles. A common structure is described something like this:“The attorney creates the trust and serves as the grantor.…

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Somewhere along the way, many business owners hear a tempting idea: set up a second company whose only job is to employ your workers, then have that company "lease" those employees back to your real operating…

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