By Patricia Donlevy-Rosen

Commonly Asked Questions About Asset Protection – Part Two

Howard Rosen, Esq. • November 1, 1992

This is the second of two issues devoted to commonly asked questions about asset protection. Among the questions addressed last month were those relating to the significant protection afforded through the use of the family limited partnership.

Commonly Asked Questions About Asset Protection

Howard Rosen, Esq. • October 1, 1992

During the course of numerous asset protection consultations, we have found that some questions seem to be asked repeatedly. We thought it would prove useful to recount them here, with our responses, for everyone’s benefit.

Supreme Court Settles Retirement Plan Controversy

Howard Rosen, Esq. • September 1, 1992

The U.S. Supreme Court recently settled a conflict among the Circuit Courts regarding the question of whether a creditor can reach a debtor’s qualified retirement plan interests to satisfy his claim. InPatterson v. Shumate, a unanimous Court held that a participant’s interest in an ERISA qualified retirement plan is protected from the claims of his creditors in bankruptcy.