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Asset protection, part II: Fraudulent conveyances
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Oops! Last week's examples of the Stella Awards were not true.
Thank you to the readers who brought this to my attention.
As explained by the folks at http://www.stellaawards.com, The
Stella Awards were inspired by Stella Liebeck.
"In 1992, Stella, then 79, spilled a cup of McDonald's coffee onto
her lap, burning herself. She sued the burger chain and a New Mexico
jury awarded her $2.9 million in damages ... . The amount was later
reduced by a judge. We are well aware that there are a lot of details
in this case and that it isn't as ridiculous as some have made it out
to be. But, rightly or ...
Related newspaper, magazine, and trade journal articles from HighBeam Research
(Including press releases, facts, information, and biographies)
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Asset Protection Planning: Yet another legal dilemma
; ...beyond the reach of future creditors. Asset protection planning has become a full-grown subspecialty...and hard sells - all recommending asset protection. Here is an example of a sales pitch for asset protection planning: "Your wealth is no longer...recovery and compensation by ...
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Your asset protection plan
; ...last decade have sought cookiecutter asset protection plans for peace of mind so, in the...their risk, we point out that all "asset protection plans" are not created equal. In fact...it is because of a basic tenet of asset protection: for any asset protection plan to...
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The Prevent Defense: The first of two articles on the need for asset protection plans for your professional clients.
; ...life insurance), then learning about asset protection is an absolute must. Why? Because...wealth. Developing an expertise in asset protection planning lets a financial adviser...the main concepts and options for asset protection. First, understand most professionals...
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Using asset protection to limit business risks
; ...exposure is where asset protection planning can...helpful. What is asset protection? Asset protection involves lawful transfers of assets for...protection. An asset protection plan should...because asset transfers are only effective...The reason ...
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Asset protection: A matter of degree
; ...light on opportunities for further asset protection. Personal vs. practice protection...physicians have regards their personal asset protection - shielding their personal assets from potential lawsuits. In this endeavor, asset protection attorneys approach a challenge much...
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Reconsidering a personal guarantee as a credit enhancement: your guarantor may be shielding assets with an asset protection trust as a result of the Sarbanes-Oxley Act.(Credit Column)
; ...an asset protection trust? Does an asset protection trust protect the personal assets...to provide, it is no surprise that asset protection trusts are becoming popular. What is an asset protection trust? Do they protect the guarantor's personal assets? Asset ...
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Asset protection: Domestic asset protection trusts
; ...This is your basic asset protection planning. It works...easy to include asset protection in the trust by...spendthrift clause. This asset protection works, is respected...few years to give asset protection to self-settled...called Domestic Asset ...
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The Offshore Trust: An Asset Protection Tool.
; ...many cases, a carefully constructed asset protection plan can dissuade claimants at the...defendant. Although the concept of asset protection has existed for decades and is conceptualized...preserve their assets, the tools of asset protection are available to all. ...
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Asset Protection Planning Guide, 2d ed.(Brief article)(Book review)
; ...advisers master the multitude of asset protection planning vehicles, and understand...planners. The book covers all aspects of asset protection planning--describing the various asset protection plans, when to use them, why specific...
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Asset Protection Trusts Find Place In Market.(spendthrift trusts)
; ...ride. The current wave seems to be Asset Protection Trusts. While it remains to be seen...assets that may be appropriate for asset protection planning? If so, can the client reasonably...reasonable to explore domestic or offshore asset protection vehicles to preserve some of those...
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