Asset protection news by experts, with latest information on the laws, cases and application of trusts and legal entities
A famous lawyer once bragged that Suing doctors for profit is like shooting fish in a barrel. Was he right? Ask a physician. Forty percent of doctors have already been sued. No one in the healthcare industry is safe from…
Ever been sued? Ripped off in court over some frivolous complaint? Threatened with ruination by a dubious creditor? If not, count your blessings -- at least for now. Chances are you will be legally mugged sometime during your career and…
I often get questions that point to a very important distinction within asset protection. They basically go like this: "Doug I heard you describe why you consider real estate assets as different from cash or liquid assets because a local…
What are they? The Panama Papers are the 2.6 Terabytes of information which an International Consortium of Investigative Journalists released which showed the true ownership of thousands of offshore companies. This included connections to as many as 150 global politicians…
The Quantum Trust™ (QT) is a unique alternative to achieving both enhanced Asset Protection, as well Estate Planning in one Trust. Much like it’s big brother, The Bridge Trust®, the QT includes all of the Asset Protection Provisions of a…
The LLC is a fantastic legal tool for integrating assets and businesses into a full estate and asset protection plan. It is a relative newcomer to the legal scene and for a full discussion of the history and benefits of…
What is an LLC? LLC is the abbreviation for "Limited Liability Company". The LLC is basically an upgrade to the C-corporation, and its baby brother the S-Corp. Prior to the LLC small businesses basically had to subject themselves to the…
The First Challenge Protecting qualified retirement plans has always been a challenge for Asset Protection Planners. First of all, in many cases, these assets are already well protected. For example, assets placed in plans authorized by the Employee Retirement and…
Presented by Lodmell & Lodmell, PC and Asset Protection Council TM Protecting Wealth Douglass Lodmell the Managing Partner had a live webinar for all of Lodmell & Lodmell clients to go over the 2016 Client Update on October 29, 2015. This…
Florida Courts Extend Statute of Limitations for Fraudulent Transfers up to 20 Years! In a recent Florida appeals case (Biel Reo v. Barefoot Cottages Development, 2014) two debtors defaulted on a loan and shortly thereafter transferred millions to irrevocable trusts naming…