The Domestic Asset Protection Trust is the most cutting edge and most affordable asset protection tool in America today. However, they aren’t statutorily recognized in each state, and because of this one has to be careful when and how to use this specialized trust....
Privacy is NOT asset protection…however Privacy can enhance Asset Protection. In fact for example, protecting your home from a lawsuit and protecting your identity from the public are two very different things. To tackle this difficult topic of privacy...
The picture above is of the annual potato harvest that takes place all over Eastern Idaho each year. The next time you walk into Five Guys for a burger, you can now see where those bags of potatoes are coming from…literally. Now, we city slickers may yearn for a...
Every week, if not every DAY, one of the attorneys in my office is asked this question in a consultation. We take this seriously and want to give them the answer that is in THEIR BEST interest, which means an LLC for every rental probably isn’t necessary....
Setting up a “Board” can be one of the greatest keys to success for an entrepreneur. Face it, being an entrepreneur can be a lonely business. Having a Board of Directors or Advisors will be a ‘support team’ in many ways; giving encouragement,...
I wish that it was as easy as just filing a form with the State and you have magical tax savings and bullet-proof asset protection, but that’s simply not the case. Operating your business in the S-Corporation format can provide some amazing benefits, but if we...
