Articles

In litigation, flexibility is the key to winning. No litigator wants to go into the courtroom with only one argument. Prosecutors go for multiple ‘lesser included charges’ just to make sure they leave with a conviction. Defense attorneys prepare as many defenses as possible, even though just one winning argument is enough.

A client recently asked: Why is an Arizona holding company is preferred, and how are the limited rulings to charging orders an advantage? What if I don’t live in Arizona do I need to file taxes there?

The AZ LP as my preferred choice as a […]

We are all truly facing unprecedented times. The COVID-19 pandemic has impartially and almost instantly impacted our lives globally, socially and economically in ways never before seen in this great Country’s history. Financial experts opine that the U.S. economy may shrink by fifteen percent (15%) in the three months to June and the national unemployment rate may jump from 3.9% to 6%. According to recession forecasters, a significant jump in the unemployment rate signals an imminent recession.

Doug recently did a podcast hosted by Buck Joffrey of Wealth Formula!

“If you can’t explain it, you don’t understand it. Remember that the next time you look across the table at a financial advisor type and feel confused. Ask yourself if you could explain what […]

Fifteen years ago “asset protection” was a brand new area of law only a few experts were familiar with. Today it is well understood that asset protection means setting up specific legal tools which protect your assets from a creditor, while allowing you and your […]

If Cupid has finally found his mark and you are engaged and planning a wedding, don’t forget to budget time and money for a prenuptial agreement (or “prenup”).

I often get questions that point to a very important distinction within asset protection. They basically go like this: "Doug I heard you describe why you consider real estate assets as different from cash or liquid assets because a local judge could order those properties sold no matter who they are titled too. What use is an LLC or an LP if the judge can disregard it?"

Our legal system has come to resemble a perverse redistribution-of-wealth scheme that encourages plaintiffs, who risk nothing, to sue anyone who may appear to have the ability to pay.

In litigation, flexibility is the key to winning. No litigator wants to go into the courtroom with only one argument. Prosecutors go for multiple ‘lesser included charges’ just to make sure they leave with a conviction. Defense attorneys prepare as many defenses as possible, even though just one winning argument is enough.

How can a client be sure that the new foreign Trustee doesn’t run away with the money should we ever need to use the Trust?

The last four years has created an explosion in the Asset Protection planning field due to both the large number of people who have finally realized that their wealth is more finite and fragile than they ever imagined and the litigation boom that inevitably follows tough times.

The concept of Fraudulent Conveyance is one of the most often asked about issues when I speak with a new client. In this article we will take a much closer look at what it really is.

The most common question I see from Attorneys interested in adding Asset Protection to their practice is: How much net worth does a client need to consider asset protection? And then how much is it going to cost them?