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If you’re an avid reader of the Wall Street Journal, then undoubtedly you read two recent articles promoting the benefits of services offered at Lodmell & Lodmell.

In the Tuesday, October 14, 2003 Wall Street Journal issue, the article, “Litigation Boom Spurs Efforts to Shield Assets” was published. The article by Rachel Emma Silverman discussed the benefits of the offshore Asset Protection Trust. As the one legal way to shield assets from creditors in case of litigation, Silverman reported that more doctors and executives are turning to Asset Protection Trusts.

Silverman also pointed to a recent survey conducted by Price & Associates of individuals with at least $1 million in assets. More than 35 percent had some form of asset protection already in place and more than 61 percent of those without an Asset Protection Trust were interested in creating one.

The article also discussed the costs associated with Asset Protection Trusts. According to the Wall Street Journal, most offshore asset protection trusts can cost anywhere from $20,000 to $50,000 to set up, plus annual administrative fees from $2,000 to $5,000. As one of the leaders in asset protection, we have got asset protection down to a science, and our costs are on the lower end of that spectrum

Later the same week, another article appeared in the Wall Street Journal entitled “Employee’s Right to Sue Dwindling in New Era” by Kathy Chu. In this article, Ms. Chu reported that employers and corporations are quickly adopting workplace arbitration agreements requiring employees to seek arbitration when a grievance arises instead of filing a lawsuit. This arbitration clause is similar to the arbitration agreement included in Lodmell & Lodmell’s Workplace Protection Package.

“It’s a movement that has gained ground over the past decade” reported Chu and added that the number of employees covered by workplace arbitration plans administered by the American Arbitration Association has more than doubled from 3 million to 7 million.

The article also reported that some corporations such as Circuit City Stores Inc., Daimler Chryler and the CIGNA Corp. have adopted the arbitration policies not only for employees, but for all vendor contracts.

For more information on L&L’s Asset Protection Trust or Workplace Protection Package products, please call (800) 231-7112

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Pashmina Lalchandani

CEO & Co-Founder, Bar & Cocoa / Owner, Flow Simple
December 9, 2010, Douglass was a client of Pashmina’s

I’ve known Doug in many contexts, as a friend, as a client and as a business partner and he impresses me on all levels. He’s dependable, smart, generous and I wouldn’t hesitate recommending him and his law firm to anyone.
He’s the best and most ethical lawyers providing asset protection with rock solid strategies to give you peace of mind about your wealth. Straight forward, and straight talk. Doug is exactly the lawyer I want on my side. If I send someone to Doug, I know they’ll thank me for it!

Social & Solar Entrepreneur, Pan Afrikan Theorist, Translator/Interpreter,
Founder & Visionary Leader @ Afrikanpride.
March 12, 2011, Marlon E. D. J. worked with Douglass but at different companies

Doug is one of the most powerful thinker i have came across. During the short time that i have known Doug he has been a great source of inspiration. He has a simplistic yet effective and accurate way to analyze anything you bring to his attention, and then by asking you key questions he gets you to see the light at the end of the tunnel. Besides being extremely bright, he is a genuine and caring individual which is why I feel fortunate to know him. I can say without a doubt that he his the person you would want to talk to if you were in need of a person with his expertise.
Most of the lawyers out there will probably meet your needs, but if you are looking for someone to exceed your expectations and give you that wow factor, look no more he is the person for the job.

Patricia Salter

Associate Dentist at Smileology
December 1, 2010, Patricia was a client of Douglass’

I have been a client of Douglas Lodmell’s since 2001. My main concern was asset protection in this litigious society. I can sleep alot better at night knowing I have the instruments in place to protect the fruits of my labor, and that they will not end up in the hands of a slick trial attorney.

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