Overview of Typical Family Limited Partnership

What is a Family Limited Partnership (FLP)? Today, I’m going to take on family limited partnerships. I’m going to give you an introduction in five minutes or less. You won’t learn anything too important, but you should watch this first. I wanted to let you know that the methodology is -I’m going to give you […]

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8 Biggest 401k mistakes and how to avoid them

401k Mistakes – Video Transcript We’re going to talk to you today about the 401(k) and the eight biggest mistakes that you’ll bump into with respect to that 401(k). We want to identify those for you because when the mistakes are made, oftentimes they are irrevocably done so and it can’t be fixed. Other times […]

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8 Biggest 401k Mistakes Part II

Video Transcript You’re watching Module II of the eight biggest 401(k) mistakes. Similar to Module I- we’re going to do this with a PowerPoint presentation and my voiceover on that presentation. So, we’re going to get started here with mistakes number five. Thanks for coming and I look forward to sharing this information with you. […]

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Co Ownership Planning (JTWROS – TIC – TBE)

What is Co-Ownership Planning and JTWROS? Co-ownership planning is defined as the concurrent ownership of property by two and wife. When we refer to co-ownerships, we do not usually mean the ownership of business entities by multiple individuals (unless an undivided interest is held jointly or as tenants by the entirety), nor are we referring […]

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Equity Stripping: Asset Protection – Pros & Cons

The Good, The Bad and The Ugly of Equity Stripping Although equity stripping can be effective (and sometimes the only) means to protect assets, it requires much skill to implement properly. Poorly designed programs are often either vulnerable to fraudulent transfer rulings, or are costly from a tax and/or economic perspective. In addition to exploring […]

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Life Insurance 102

Life Insurance 102 – video transcript Last time, we discussed the historical aspects of insurance when life insurance first came about, the various products and most importantly, the three fundamental questions you need to ask yourself about any life insurance purchase: What do I need or do I need it? How much of that life […]

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Limited Liability Concepts and Veil Piercing

Limited liability means you are not responsible for a business’s debts, and generally the business is not responsible for your personal debts. It is like you and your business are two unrelated people–almost like your business is a distinct person. Unless a creditor convinces a judge that it is your alter ego, it will remain […]

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