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Fraudulent Transfers and Contempt (video)

Fraudulent Transfers and Contempt (video)

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Selected Planning Issues: Planning After the Lawsuit – Can it be Done?

Selected Planning Issues: Planning After the Lawsuit – Can it be Done?

It is often said that once a person has been sued nothing can be done to protect assets. This is usually true. The knowledgeable asset protection professional will, however, be able to recognize the few exceptions to that rule. The ability to recognize and utilize the exceptions will depend upon a thorough understanding of the relevant fraudulent transfer law.

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Titling Assets: Pitfalls to be Avoided – Part II

Titling Assets: Pitfalls to be Avoided – Part II

Many individuals attempt to implement asset protection on their own. Among the “do-it-yourself” methods commonly utilized is titling and re-titling assets among a spouse, children and others (friends & family members). Instead of accomplishing the desired protection, these “strategies” often expose the transferred asset to additional creditors, cause family conflicts, and raise gift and estate tax issues.

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New Cook Islands Legislation: Fine Tuning the Law

New Cook Islands Legislation: Fine Tuning the Law

The new law abolishes the common law “rule against perpetuities”. This means that a “dynasty” trust can now be established in the Cook Islands. Thus, you can establish a trust in the Cook Islands which will continue indefinitely.

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