Tag: asset protection

What portion of your assets should you protect? (video)

Howard Rosen, Esq. • April 15, 2013

In re Marciano – an analysis of the impossibility defense in contempt

Howard Rosen, Esq. • February 4, 2013

For the past two decades, naysayers jump at any case where a debtor is held in contempt and happens to have a trust, with the overt statement or implication that asset protection planning results in contempt. The most recent case drawing such attention comes to us from California in the form of Marciano, and close analysis reveals very different reasons for the debtor’s incarceration.

Rush University Case: What Could Have Been Done Differently?

Howard Rosen, Esq. • January 17, 2013

A 2012 Illinois Supreme Court case, Rush University Medical Center v. Sessions, has been touted as proof that asset protection trusts, especially offshore trusts, do not work. In this issue we will clarify and enlighten our readers as to why that particular offshore trust failed to protect assets, and we will point out what could and should have been done differently so that the protective planning would have worked as intended.

Rochdale Trader Arrested … But Not That Rochdale

Howard Rosen, Esq. • December 5, 2012

The New York Times and others recently reported the arrest of a Rochdale Securities trader, along with financial difficulties the firm is now suffering.

What is an entity trust? (video)

Howard Rosen, Esq. • October 18, 2012

Asset Protection: A Necessary Response to “Out of Control” Litigation

Howard Rosen, Esq. • August 21, 2012

In today’s society litigation is often used a means for the accumulation of wealth — not only for greedy plaintiffs, but for their unscrupulous lawyers as well. The proliferation of all types of liability claims and new theories of liability, coupled with ever-increasing insurance premiums and defense costs have stunned the business and professional community in the United States.