What is asset protection contains articles that breaks down asset protection into simple easy to understand format for the person new to wealth preservation.
The Bridge Trust® has become one of the most popular and effective asset protection tools in the ever-changing world of Asset Protection. The Bridge Trust® works by allowing a fully registered Foreign Asset Protection Trust (FAPT) to be treated as…
What is an International Asset Protection Trust (IAPT)? What is a Domestic Asset Protection Trust (DAPT)? Do Special Power of Appointment Trusts (SPA) work for Asset Protection? What is a Section 541 Trust and does it work for Asset Protection?…
Mistakes to avoid in your plan Signing for your limited partnership is a mistake you want to avoid. Your limited partnership should never guarantee loans or conduct business, unless you are using that particular entity to conduct a certain business. If you…
By Ike Devji, J.D. Of-Counsel, Lodmell & Lodmell, P.C. 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…
Asset protection is now more popular than ever, as a buzz phrase at least. It's very easy for estate planning or even corporate or small business attorneys to bill themselves as asset protection lawyers and tack on "asset protection" as…
In part I of Florida Homestead and Asset Protection, we concluded the discussion with a broad statement that Florida homestead exemptions are available only to individuals or "natural persons." Availability of Homestead for Asset Protection While it is true that…
Many people confuse asset protection with hiding assets. At Lodmell & Lodmell, we help our clients develop asset protection strategies and put put asset protection mechanisms in place so that assets don't need to be hidden. What we do is…
In an earlier post on fraudulent conveyances, we discussed how a fraudulent conveyance works in very simple terms. This post is a discussion of types of fraudulent conveyances and will discuss three general kinds of transactions that can be overturned…
We spend a lot of time thinking about and writing about fraudulent conveyances here at Lodmell & Lodmell. That's because a fraudulent conveyance can totally defeat an asset protection plan, no matter how good your asset protection attorney may be. …
In the first two articles of this series we discussed what it means to be judgment proof, what it means to have assets, and how certain classes of assets are judgment proof by default. But we are still missing something…