Being sued by a former employer for 400,000 can i shield my assets from this suit

Anny attempt to hinder, avoid or defraud existing (potential) creditors may be regarded as "fraudulent conveyance". However, you may want to...

From an asset protection perspective, both your professional activities (you mention you are a physician) and a typical risky assets as your rental...

Can you protect assets from the irs by putting them in an irrovable trust ?

Asset Protection Planning is only effective if set up timely, this means, before an event that may trigger a lawsuit. It does protect not you from...

From an asset protection perspective, I would recommend to set up an LLC to conduct the business (for which you can choose an S-Corp status) and...

Is there any way to shield business and personal assets from potential claims of liability in the future?

I agree with my colleagues in that compliant bookkeeping, no comingling of personal and business assets, an extensive insurance coverage are all...

Selected as the best answer

Should I have an investment property under an LLC

For asset protection purposes and to isolate risks, it is always a good idea to put investment properties and other risky assets in a local LLC. ...

How to get a resistant elderly (70yr) diagnosed over a yr ago with dementia to see a doctor?

I agree with attorney Davis. You should seek advice with a local Elder Law Planning attorney as soon is possible. You may use the AVVO search...

A Revocable Living Trust is an excellent estate planning tool. An LLC is an excellent legal tool to hold a business or other risky assets such as...

I agree with attorney Deloughery. A Family Trust is not an efficient legal tool to protect your assets from eventual claims of an ex-spouse. A...

An LLC is an excellent legal to isolate the liabilities generated by a business . However, it does not offer full protection from lawsuits. A...