Overview of Typical Asset Protection Trust

Download PDF: Example Non Kinetic St. Lucian Asset Protection Trust Non Kinetic Saint Lucian Asset Protection Trust – PDF Table of Contents Interpretationpage 4 Governing law and power to change it page 5 Power to add and remove Beneficiaries;Settlors’ testamentary powers; page 6 Power to add Excluded Person page 6 Power to change the Vesting […]

Continue reading

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 […]

Continue reading

How Strong is that Corporate Veil?

Asset Protection Training Video Transcript I’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 […]

Continue reading

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 […]

Continue reading

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 […]

Continue reading

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 […]

Continue reading

Non-Qualified Personal Residence Trusts

From Asset Protection in Financially Unsafe Times, pp. 197-199 What is a Non-Qualified Personal Residence Trust (Non-QPRTs)? While a Qualified Personal Residence Trust(QPRT) has many potential benefits, it also has some glaring drawbacks; namely, if the grantor dies before their right to live in the home taxfree expires, they will be worse-off, from an estate-tax […]

Continue reading