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Planning & Trust Info
Asset Protection Scams
Asset Protection Cases and Information
Family Limited Partnerships
“Estate Planning” is an extremely important tool in Asset Protection. Dying “intestate” (meaning not having a will or a trust in place at the time of death) could cause years of time spent in court, high attorney’s fees, etc. Something no survivor should have to go through. Proper Estate Planning includes some (or all) of the following: “Family Limited Partnerships,” “Living Wills,” “Living Trusts,” etc.
Asset Protection Jurisdictions
Asset Protection Laws and Sections
each year, newer laws are enacted involving “Taxation,” “Bankruptcy,” “Money Laundering,” etc. The “USA PATRIOT Act” is one law that should be carefully watched. Under the guise of combating terrorism, Federal law enforcement agencies have the power to look into your bank account and any financial dealing you might have overseas.
Limited Liability Companies or LLC's
“Limited Liability Companies” (or “LLCs”) differ from “Corporations” in that a “corporate shareholder” is subject to judgment creditors (who can take control of the corporation) while a “LLC member” would not be subjected to such. This means that, if one member of an LLC is sued, the judgment against him will not affect the other LLC members.
Miscellaneous Asset Protection Information
Past Asset Protection Corporation Newsletters
General Partnerships and Limited Partnerships
This section provides information on the differences between general and limited partnerships and the effect of charging orders or charging order protection on limited partnerships.
This section contains information on subjects that affect all of us. These include “Frivolous Lawsuits,” “bad lawyers,” “Death Taxes,” etc. One topic in particular that is probably a “Pet Peeve” with many would be frivolous lawsuits. Litigation in the U.S. is out of control and, along with that, so are our courts.
Offshore Asset Protection Information
State by State Asset Protection Overview
Tax Subjects related to asset protection trusts, offshore banking, investing, etc
Trust Scams and Scammers
The Voluntary Employees’ Beneficiary Associations or “VEBAs”, was created 1928 in response to demands from workers’ associations. The IRS code was amended to make VEBAs tax exempt entities as well as allowing employers to provide benefits for their employees.