The Family Liability Partnership can be a good strategy for asset protection when an individual's worth is equal to or below $250,000. However, there may be ways through which a creditor or plaintiff may try to get access to the…
What is an LLLP? Everything evolves, even legal concepts and tools. And the Limited Liability Limited Partnership (LLLP) is an example of one such evolution. So what is this new animal? Well if you already understand what a Limited Partnership (LP) and…
Does Jurisdiction Matter? There is no doubt that jurisdiction matters a great deal. This is particularly true for common estate and asset protection planning tools such as Limited Partnerships and Limited Liability Companies. The reason jurisdiction matters so much is…
It's all about the Banks! So what really is the deal with Banking? I mean it is about as clear as mud, especially now after an $11 Trillion dollar government bailout! What is happening with the banks? Why aren't they…
The Ultimate Asset Protection Plan moves from a deterrent effect plan to a complete solution plan. What this means is that in a critical situation the plan is capable of physically removing your assets away from the U.S. jurisdiction and…
To answer this question we must first understand what Asset Protection really is. In the most basic sense, Asset Protection is any action that dissuades or disallows any unwanted and unauthorized person or entity from reaching your assets. That's really…
Compared to the FLP, the LLC is the relative newcomer to the field. LLC's began in the 1970's in Wyoming and Florida. They create a corporate structure, and give the benefits of a corporation without the downside of double taxation.…