Have you ever heard someone say that the best thing about an education is that nobody can take it away from you? As true as this statement is on its own, it is completely ignoring the fact that the very same irrevocable education can cost hundreds of thousands of dollars – plus interest. As of…
Continue reading…Category: Asset Protection Series
FAQs about Protecting Your Ass(ets)
Asset Protection typically refers to the process of legally protecting your property/estate from potential creditors, including lawsuits and divorce actions. Asset protection planning is all about “putting your eggs in different baskets”, so to speak. We often use various methods and strategies, such as insurance, state & federal “freebies” (i.e. Nevada Homestead Exemption), as well as advanced…
Continue reading…Nevada Asset Protection: Does the “Corporate Veil” Really Protect Your Personal Assets?
Most business owners understand the importance of keeping your business separate from your personal estate. You may have done your homework and weighed your options. Perhaps you’ve even considered the tax and non-tax implications for common business entities. We bet you’re also intrigued by the protections certain business entities (such as Nevada LLCs) afford their…
Continue reading…Why Your Family’s Money Belongs In Nevada — No Matter Where You Live
April 2, 2019 By Michele Lerner, for Forbes/ Whittier Trust, Brandvoice Link to Original Article Nevada may be known for its casinos and high-stakes poker games, but high-net-worth families will find it no gamble to keep their money there. “Nevada is one of the most trust-friendly states — and a great alternative to placing your money…
Continue reading…Spring Cleaning: Helpful Tools for Organization
Spring is notorious for being the season that is most associated with new beginnings and clean slates. The term “Spring Cleaning” is historically linked to a deep cleaning of one’s home, inside and out, due to the effects of Winter. Read more about the historical significance of spring cleaning here. However, Spring is also a…
Continue reading…Asset Protection Series: Yet Another Reason why Landlords Need Asset Protection
It’s not just about slip & falls- the Second Circuit Court of Appeals just issued a ruling that says that landlords can be liable for their tenants’ discriminatory conduct. Francis v. Kings Park Manor, Inc., 15-cv-1823 (2d Cir. Mar. 4, 2019). The Plaintiff in the case (an African-American man) was being harassed by a neighbor-tenant…
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