Before transferring any titles, you definitely need to sit down with your lender. From my experience, if it is clear to the lender that the...

How to protect future assets and retirement accounts from lawsuits?

From your question, it seems you are already aware of the fact that, as you are already involved in a lawsuit, any change of ownership of your...

Would it be wiser to protect our summer cottage from Medicaid, should I need it, by a LLC or an irrevacable trust?

An LLC will definitely not serve your purpose. I advise you to schedule a consultation with a local Elder Law planning attorney. The Avvo search...

We get yearly royalties from a wind turbine.

It is important to define your priorities: Elder Law Planning (related to eventual medical/nursing home bill), Estate Planning (tax, inheritance...

Can money in my deceased fathers and my names be requested for my mothers Maryland long term care medical assistance application

This is a very specific issue. I advise you schedule a consultation with a local Elder Law Planning attorney. In the link below you will find the...

Are there any legal benefits to doing business, signing agreements under your dba vs. you LLC name?

My colleagues already responded extensively to your question. I fully agree with attorney Natoli in that you definitely should consider a sound...

If I buy a car for my daughter. What's the best way to protect my assets against lawsuits if she gets involved in an accident?

As my colleagues point out, an extensive insurance coverage should be the first step to consider. But as you know, all insurance policies have a...

How do we research an elder care attorney?

You may try the Avvo "Find a lawyer" tool and the search tool on the website of the National Academy of Elder Law Attorneys. Also check the...

Rental Property - Rental in personal name or open an LLC ?

If asset protection is your main concern you should definitely consider a Limited Liability Company. An LLC is an excellent legal tool for owning...

What are cost-effective asset protection strategies when you have multiple types of business income?

CA franchise tax is a factor you need to consider when drafting an asset protection plan. Finally, you will have to decide in which degree you want...