Protect your wealth with right asset protection advice and getting the right legal tools in place. Let’s clear the myths and get the facts on the best strategies for wealth preservation.
As asset protection advisors, we sometimes find that professionals and small-business owners tend to underestimate their potential for getting sued. For instance, it's common to come across a woman who runs a home-based baby clothes business who thinks she is…
In the olden days before asset protection advisers came along, the most convenient way a person had to preserve his wealth was to simply transfer assets to the names of family members, spouses, and friends. That kind of simplistic approach…
More and more Americans are beginning to understand the importance of preserving their wealth from creditors and plaintiffs through genuine and valid asset protection techniques. Unfortunately, this has also meant the creation of a veritable industry comprised of so-called asset…
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…
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…
There is a frequent misconception that anything to do with asset protection must inevitably involve higher taxes, increased IRS scrutiny and other undesirable situations. Nothing could be further from the truth. Asset protection is not illegal, but should not be…
If you own a pit bull, possess insurance and are confident about being protected from liability in the event of a bite involving your pet, it may be time to wake up and smell the coffee. Insurance companies have reported…