This week is a reverent occasion for the American family. We celebrate unity by putting family differences aside, and enjoying sports, movies, and of ...
Domestic Asset Protection Trusts – In The Beginning
As a licensed attorney with a practice in trusts, I am almost daily addressing the aspects of trusts and determining whether or not a trust would be b...
Domestic Asset Protection Trusts – Part 3 – The Domestic Trust
In my first two related articles, I provided the foundation for a better understanding of how trusts and trust laws evolved from the 15th century to t...
Choice of Entity from an Asset Protection Point of View
Generally speaking, most accountants/CPAs who help clients with the choice of entity focus on the tax aspect of each entity. That makes sense, but in ...
Don’t Force Your Kids To Spend Money
Hi everyone. It’s been a while. Let’s start with a quiz. Do you remember a couple of years back when I told you I was buying, via a bankruptcy sal...
Domestic Asset Protection Trusts Part 2 -The Trustee
In my previous newsletter, part one of a series on domestic asset protection trusts, I discussed a brief history of trusts and their uses. Today my fo...
Single-member LLC Discussion
Two cases, In Re Ashley Albright and Littriello v. United States, et al. These cases were discussed to remind the reader that proper asset protection ...
Place The Residence Into the Living Trust?
Are you sure about that? As a follow-up to my last article, readers have raised questions about my caution for robotically transferring a residence in...
Single-member LLCs under attack, again
When the Asset Protection Society (APS™) and its members discuss setting up LLCs for asset protection purposes or the use of LLCs in various plannin...
So You Think You Have An Estate Plan?
Sound all too familiar? It generally starts with either you or your spouse suggesting that with the accumulation of assets, house, or retirement funds...