Blog Archives

Self Directed IRA

In the past few years, we’ve seen rapid growth in the practice of savvy IRA owners (including those holding conventional Individual Retirement Accounts, Roth IRA, SEP-IRA and 401-k plans) who are assuming control and investing their retirement benefits into their own truly Self Directed IRA. They began to use their

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Posted in Asset Protection

Self Directed 401k

A self directed 401K, is a 401K plan arranged for your company. In your role as leader of the company, you will behave as the legal custodian and trustee, overseeing the plan’s financial dealings. The investments for the 401K plan might be in a broad range of permissible investments. The

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Posted in Asset Protection

Revocable Living Trust RLT

What will happen to your loved ones, your beneficiaries, when you have passed away? How will they manage their inheritance? Often times, leaving behind a large sum of money to someone without money management skills can be disastrous. A revocable living trust will afford you the ability to make things

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Posted in Asset Protection

Limited Liability Company LLC

A Limited Liability Company (also referred to as an LLC) is a business structure that has gained popularity because the owners are faced with very restricted or limited liability for debts and actions of the LLC. The LLC also acts more like a partnership, with pass-through taxation and management flexibility.

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Posted in Asset Protection

Foreign Asset Protection Trust FAPT

This trust is the ultimate in asset protection. It is drafted in accordance with the laws of a foreign country in order to keep the assets safe from creditors. The Settlor of the trust, also known as the creator, gets to choose which country’s laws to abide by, and selects

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Family Limited Partnership FLP

An effective Family Limited Partnership (FLP) can provide very good protection from creditors, as well as the flexibility not found in different trusts, and it is not difficult to change a Family Limited Partnership when the need arises. A Family Limited Partnership boils down to a traditional limited partnership where

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Posted in Asset Protection

Estate Planning

Those considering starting the estate planning process usually have one or more questions: Why do I need to prepare a will or trust at all? Do I need a living trust? How can I protect my young children? How can I protect my special needs relative? How do we arrange

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Posted in Asset Protection

Domestic Asset Protection Trust DAPT

What would happen if you were sued? What would life be like if you lost it all? You don’t need to be a millionaire to be the target of a lawsuit. With more than 70,000 lawsuits being filed every day in this country, would you believe that the majority of

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Posted in Asset Protection