Giving it to your Brother is NOT Asset Protection

Asset Protection Training – Video TranscriptToday, I’m gonna go over what happens to most people when they find themselves in financial trouble. Asset protection planning is always done best when the seas are calm, when nobodies after you. Unfortunately a lot of people wait until the last minute. When they’ve been sued, threatened or, you […]

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Taxation of Offshore APT – Overview

Asset protection planning will almost never save you any taxes. If you use an asset protection trust, you can count on NO material income tax savings and probably an increase in compliance costs. If somebody advises you that an offshore trust (or indeed most offshore structures to protect assets) will save you tax – walk […]

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Charging Order Protection for FLP’S AND LLCs

Charging Order Protection Video Transcript Charging Order Protection is a concept that’s used by every Tom, Dick and Harry marketing asset protection to attempt to lure you into purchasing products that oftentimes are ineffective and inappropriate. It’s also something I rely upon and use everyday in my business and I’m just going to touch on […]

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How Strong is that Corporate Veil?

Asset Protection Training Video TranscriptI’m taking on a very popular & very common misconception. It deals with corporations and the strength of protection they give. Now, we’ve all heard that corporations offer excellent protection, that they have a corporate veil.What is a corporate veil?This corporate veil protects the shareholders from creditors of the corporation provided […]

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How Good is That Nevada Corporation

Video Transcript – Nevada Corporations are Scams unless you live in Nevada Today, I take on one of my favorite scams and one of the legitimate asset protection issues that you’re all going to confront. If you do any looking on the internet for asset protection, you’re going to come across Nevada corporations. I did […]

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Domestic Asset Protection Trusts in 3 minutes

Video Transcript- Domestic Asset Protection Trusts in 3 min Today, I’m going to take on a widely promoted, widely advertised product that you should stay away from. Don’t touch it. What is it? Domestic asset protection. Well, simple, domestic asset protection and domestic asset protection trusts. This is absolutely a ridiculous way to spend your […]

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Exemption Planning and the Homestead Exemption

What is Exemption Planning? Exemption planning is the process of reorganizing one’s wealth so that much of it is protected (or “exempt”) by law from creditor attachment, even though it’s still owned by that individual. There are some asset types exempt under federal law, but most exemptions come from state law. Then there are bankruptcy […]

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