Tag: Patricia Donlevy-Rosen

Traps and Pitfalls of Do-It-Yourself Asset Protection

Howard Rosen, Esq. • July 1, 1994

A client recently said, “My property is protected; my wife and I own everything as joint tenants with right of survivorship”. WRONG!

Asset Protection In Real Life

Howard Rosen, Esq. • April 1, 1994

Florida has received a lot of bad press in recent years as a result of notorious types like Bowie Kuhn moving here from up north at the “eleventh hour” to establish an exempt Florida homestead. Our legislature has had enough, and is now considering a proposed constitutional amendment which could force a homeowner with more than $350,000 of equity to sell the home to pay creditors.

Are Retirement Plans Really Protected?

Howard Rosen, Esq. • February 1, 1994

In our September 1992 issue (AP NEWS, Vol. I, No.2) we reported that the U.S. Supreme Court, in Patterson v. Shumate, had resolved the national controversy regarding whether qualified retirement plan interests were reachable by creditors by its unanimous holding that such interests were protected.

The New Florida Exemption Laws

Howard Rosen, Esq. • September 1, 1993

On May 14, 1993, the Florida Legislature enacted (without the Governor’s signature) significant changes and added new provisions to Florida’s exemption laws. These changes become effective on October 1, 1993, although the effective date provision could have been more clearly drafted. In this issue, we will examine these new and changed provisions and see how you may be affected.

Real Estate Ownership in the United States

Howard Rosen, Esq. • June 1, 1993

Do you own real estate? Are you a shareholder in a closely-held corporation or a partner in a partnership that owns real estate? Are you a trustee of a trust that owns real estate? If you answered “yes” to any of these questions, you should read on….

Florida Exemption Planning

Howard Rosen, Esq. • April 1, 1993

Exemptions are provided by the laws of each state in order to protect specified property interests from being reached by creditors and bankruptcy courts. Each state may adopt its own exemption laws, or may choose to adopt the federal bankruptcy exemptions, or may permit its residents their choice.