You can potentially achieve asset protection after a lawsuit is filed if you know how to avoid fraudulent transfers. Learn how to protect assets from lawsuits even late in the game.
1. My business is separate from me. Your business isn’t separate from you and your family unless you make it separate. You think that you are leaving your house and going to work, but really you’re not leaving anything. If you don’t make your business separate and treat it as separate, then it isn’t. If […]
Many business owners believe that they can simply incorporate their businesses into an Limited Liability Company (aka LLC) and they’ll achieve LLC lawsuit protection for their personal assets. However, that is an extreme oversimplification of the law and at the core of misleading consumers by the “LLC farms” out there. Lawyers should know that if […]
In the realm of financial planning, creating a trust can be one of the most important steps in terms of achieving solid asset protection and designing an adequate estate plan. It doesn’t have to be a difficult process, but it does require thoughtful consideration and planning. Choose the right legal or financial professional to Protect […]
The threat of a lawsuit, or the prospect of litigation, sends most people into an emotional state somewhere between panic and outrage, especially if that person hasn’t protected their assets ahead of time. Running a business or getting through the daily routines of personal life can be overwhelming without the added stress of a process […]
Watch the video on Like this video? Subscribe to our channel. Here we examine the differences of revocable vs. irrevocable trust advantages. If you reposition (transfer) your assets through the use of an IRREVOCABLE TRUST, you will no longer own them. If you don’t own assets, no one will want to sue you; no one […]
Watch the video on Like this video? Subscribe to our channel. The response to “Can a Trust Be Sued?” question has to be answered with reply of, anyone can sue anyone or anything at anytime, but the real question should be, if it gets sued will it hold up in a court. The right kind […]
Pros & Cons Offshore Asset Protection Trust: When to use an Offshore Trust Today many estate planning firms tout the benefits of Offshore Asset Protection Trusts as instant asset protection solution for every individual looking for the end-all, be-all. It feels to them like finding a the last raft on a ship that has a […]
Asset Protection Strategies It happened! Asset Protection: Part 1 of 4, by Rocco Beatrice, Sr. And now, someone may be planning / plotting / threatening / bullying to sue you. “For everything you’ve got.” A LAWSUIT IS ON THE HORIZON. You knew that you should have done something before a “lawsuit” was more than just […]
Asset Protection Strategy Consideration Our Asset Protection System Asset Protection: Part 2 of 4, by Rocco Beatrice, Sr. ————————– You see the writing on the wall. You’re not certain if this litigation is going to begin in a month, six months, or year; but you definitely feel the stress related to it. The thought is […]
