A lot of people wonder about the legality of asset protection strategies, and rightfully so. There are many, many people who market and sell asset protection plans that either won't work, are unlawful, or both. All of our plans are 100% legal and 100% effective. Yes, even the offshore trust component of our plans is…
Recently the Texas Supreme Court ruled that a death caused by a spider bite is the proper subject of a medical malpractice lawsuit. It seems that courts are getting carried away (even more than usual), which is why any complete asset protection plan includes an offshore trust component. This is especially important if your are…
In some states, limited liability companies ("LLCs") and family limited partnerships are protected by charging order statutes. A charging order is a judicial remedy that can be used by a creditor to collect from a debtor who owns an interest in certain types of business entities. Charging order statutes limit the recovery that a creditor…
Setting up systems to handle known problems or issues that repetitively present themselves is generally a very good idea. It reduces the time required to asses the issue, develop a solution, and implement the plan. In essence, having systems reduces stress, because you know how certain issues will be tackled. Systems are good thing in…
One of your greatest assets is the ability to produce an income--the ability to earn money by working. The judicial system recognizes that our capacity to earn is quite valuable. It also recognizes that most people have to work just to survive. In other words, our earning capacity is a valuable asset, and people are…