Archived
Difference between Account and Lawyer set up of an LLC to hold my rental properties???
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Answered on December 13, 2013
A lot depends on your priorities and your specific situation. Are you considering an LLC from asset protection perspective (avoiding lawsuits)?...
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Archived
Are there any asset protection benefits from a Land Trust?
Douglass's answer
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Answered on December 06, 2013
I agree with attorney McMahon. Any attempt to hinder or defraud an existing creditor is very likely to be considered by court as fraudulent...
Archived
Asset protection for physician
Douglass's answer
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Answered on December 06, 2013
The answer to your question is yes.
Physicians are some of the most targeted groups for litigation in the sue-happy US. Fortunately, several...
Archived
Are offshore asset protection schemes fully legal? Do they actually work?
Douglass's answer
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Answered on December 06, 2013
We sometimes come across clients who are under the false assumption that any program that has the term “offshore” attached to it, must...
LLC single member, questions about asset protection.
Douglass's answer
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Answered on December 06, 2013
An LLC is an excellent legal tool for isolating the liabilities generated by a business (or other risky assets as for example investment real...
Archived
How to protect our assets?
Douglass's answer
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Answered on November 24, 2013
An LLC is an efficient legal tool for estate planning purposes and to separate liabilities generated by risky assets as for example investment real...
If I am operating an LLC at my home (pilates studio) and if I'm sued, is my house automatically considered a company asset?
Douglass's answer
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Answered on November 06, 2013
An LLC is an excellent legal tool to isolate the liabilities generated by a business venture. . However, it does not offer full protection from...
Archived
Throwing concerts, how to best protect myself?
Douglass's answer
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Answered on November 05, 2013
An LLC is an excellent legal tool to isolate the liabilities generated by a business venture such as the one you describe. However, it does not...
Archived
I'm getting married and would like to protect some money. How can I do this without a prenup?
Will a trust do this?
Douglass's answer
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Answered on November 04, 2013
A carefully crafted prenuptial agreement, drafted with the help of separate and independent council for you and your fiancé will certainly help...
Archived
Could I use dynasty trust to provide law suit protection for properties in stead of LLC ?
Douglass's answer
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Answered on October 28, 2013
There is a big misunderstanding out there that Dynasty Trusts, Family Trusts, Land Trusts and similar entities protect you from lawsuits. They...
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