Our site contains a lot of information on business entities created for the purposes of asset protection. Among those entities are limited liability companies, family limited partnerships, and offshore asset protection trusts. These are powerful tools, to say the least. …
Homestead laws are very important from the standpoint of asset protection. In some states, homesteaded property is completely exempt from the claims of creditors. In other states, homestead protection exempts a certain dollar amount from the claims of creditors. We…
Asset protection lawyers spend a lot of time thinking of inventive ways to shield assets. Sometimes, however, the best solution to a problem is simply using an old tool in an new or innovative way. A special power of appointment…
There is simply a great deal of misinformation surrounding Asset Protection. Some of it is genuine misunderstanding about what really works as Asset Protection. And some of what is attempting to pass as legitimate asset protection are outright scams. In…
Attorney and legal columnist Deborah L. Jacobs promotes asset protection in the March 2005 issue of the Bloomberg Wealth Management Magazine. As she observes, "Once regarded as a shady practice, using asset-protection tools like offshore trusts to deter creditors is…