Asset protection news by experts, with latest information on the laws, cases and application of trusts and legal entities
Swiss Private Banking System Swiss banking is a really fantastic way to protect your assets on many different levels. I am not referring to UBS and Credit Suisse, but protection in conjunction with your asset protection plan. We are moving…
Asset protection trust is key to the whole plan Having the domestic parts of your asset protection plan is very good. We set up most of our limited partnerships in the state of Arizona because it gives us strong statutory…
Who needs asset protection? The answer is anyone with equity in their assets. Clearly high risk professionals need it because they already are running risks that are greater than average. Its not just the doctors or the people with high risk…
Fundamentals of your asset protection plan Lets start off with the principle. Its a pretty straight forward concept. Basically "you do not need to own an asset to have beneficial control." A perfect example of this that neighbor that we can all…
Where are second homes and non-rental properties placed in my asset protection plan? Since they are real estate, you can hurt yourself on them, and they are know as risky assets they are going into your limited liability company or…
Mistakes to avoid in your plan Signing for your limited partnership is a mistake you want to avoid. Your limited partnership should never guarantee loans or conduct business, unless you are using that particular entity to conduct a certain business. If you…
The worst mistake when creating an asset protection plan is to mix safe and risky assets. For example, if we were to create an LLC we wouldn't put your rental real estate property in there with a bunch of cash.…
Understanding How to Manage Risky Assets If you are a doctor and you own a practice this is probably one of your riskiest assets. What about your office building? How about real estate? If your office building or real estate…
Douglass is now booking for the 2012 - 2013 year and can be an extremely informative and entertaining speaker for your conference. In addition to being one of the nation's experienced attorney in field of Asset Protection, he is also…