- All
- Asset Protection
- blog
- Divorce
- Estate Planning
- Financial Planning
- Insurance
- Irrevocable Trust
- Lawsuit
- Medicaid
- Nursing Home
- Offshore
- Prenuptial
- Tax
- Trusts
- UltraTrust
- Wealth Management
1. You both own everything. You and your spouse are now the joint owners of all of the marital assets with a few exceptions and a few state specific variables. This means that if one spouse’s income has a lot more than the other, it doesn’t matter. Those savings accounts and even retirement accounts may be split evenly upon divorce. 2. Children of prior marriages are...
Many Pennsylvanians look to the almighty LLC to protect their business from personal debts and their personal assets from business debts, but they may be in for a surprise. Others, may not even be looking towards an LLC and could be making an even bigger mistake of holding their business as a sole proprietorship. Either way, Pennsylvanians can do a better job of protecting their assets. The...
How the Limited Liability Company (LLC) avoids double taxation, provides asset protection and financial and tax benefits. Creditors and contingent-fee lawyers, when structured correctly, are deterred to launch frivolous lawsuits. Watch the video on Like this video? Subscribe to our channel. The limited liability company (LLC) is the strongest asset protection devise for your business replacing the sub chapter “S” corporation. The...