This means that taking premium finance loans may be a negative legal
asset protection move for affluent individuals and business owners because it subjects other valuable assets to liability to pay the loan.
An immediate annuity may also be a wise
asset protection move for seniors and others in higher risk professions.
Not exact matches
Since Trump's warning, the Syrian military has
moved assets around in an attempt to shield them from US missiles, possibly by putting them under Russian
protection.
From
moving overseas and real estate, to travel and
asset protection, you'll find a book, a kit, or a publication on every topic you need to know, written by the experts.
Investor
protection and regulation, competition in the form of cheaper robo - advisory platforms and the
move towards passive investments mean that the days of 80bp to 100bp returns on
assets are long gone — 60bp is the new norm.
Gawker Media founder Nick Denton filed for Chapter 11 personal bankruptcy
protection in order to prevent former professional wrestler Hulk Hogan from
moving to seize his
assets.
Here, we're talking about the ability to
move the long term care partnership
asset protection benefits connected to your partnership eligible long term care policy from one reciprocal state of residence to another in the event the policy holder relocates.
For example, it might be possible to transfer
assets into a family limited partnership that has both estate planning and
asset protection benefits however, if
moving such
assets into a Family Limited Partnership or Trust is designed to remove the
asset out of the marital estate in contemplation of divorce in order to defraud the soon to be ex-spouse, the transfer may be rescinded by the court as being a fraudulent conveyance.
We will explain the various methods that may be appropriate and / or beneficial and offer advice about
moving forward with a solid
asset protection plan.
We recommended that they visit with a good estate planning /
asset protection attorney, but also to
move part of a non exempt
asset into life insurance.
There are many
moving parts and elements to consider when putting together such a strategy: Location of properties,
assets specs, financing,
asset protection, tax implication, exit strategies etc..