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.…
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.…
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…
“Equity stripping” is one of the most talked-about asset protection ideas, and one of the most misunderstood. The concept sounds simple: borrow against your real estate so that, on paper, there is little or no equity…
Material Participation and the Lodmell AMLP Structure: Why Asset Protection Does Not Necessarily Cost You the Tax Benefits of Active OwnershipOne of the most common questions we receive from clients who own short-term rental properties is…
