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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …