Asset Protection Laws in California
Bankruptcy ranks among everyone’s worst fears. Losing all of your assets and savings is a worst-case scenario, but it needn’t be yours. Varying by state, asset protection laws can help protect certain types of assets from liquidation or seizure during bankruptcy. However, in order to ensure that your assets are protected to the maximum extent of the law, you need plenty of foresight and expert guidance. In the state of […]Continue reading
Are there disadvantages to foreign trusts?
Foreign Asset Protection – the Pros and Cons If you are planning ahead for retirement, you will want to consider all of your options when it comes to getting the most out of your money. Whether it is through investing, speculating or good old-fashioned savings, you want to be proactive in providing for your family and children. You are probably already familiar with those options, but have you thought about […]Continue reading
Can a retirement plan protect your assets?
Setting up a solid retirement plan now is a crucial step toward ensuring financial security in the future. A successful investment strategy allows you to live comfortably long after you’ve left the workforce. Other than any homes or property you own, your retirement accounts are generally the most valuable assets you have. Given that fact along with the litigious nature of the country we live in, it’s vital to make […]Continue reading
What to do if you can’t trust the will executor
The purpose of a will is quite simple: a legal document recording what should be done with property, assets and personal belongings in the case of death. However, the actual process of executing a will is actually quite involved, requiring an assigned executor to complete it. However, this process can become even more complex in the case you can’t trust the will executor. In this instance, what can you do […]Continue reading
What you need to know about giving money to your grandchildren
If you are a grandparent, you know the joys only grandchildren can bring. Giving money to your grandchildren seems only natural, whether it is a crisp twenty in a birthday card or a crumpled five for ice cream. However, what about a living trust? Though deciding to secure your grandchildren’s future by leaving them your assets is a noble endeavor, you are certainly being very noble, but what you’ve set […]Continue reading
Financial planning advice for executive women
As America’s society is becoming more progressive concerning gender roles, more women than ever are climbing the corporate ladder. The latest influential and affluent demographic in the states, career women aren’t just making money, but they’re making a lot of it. According to the Boston Consulting Group, women’s wealth worldwide will increase 7% a year for a total of $72.1 trillion. At first, it seems that women have been succeeding […]Continue reading
How to Handle Frivolous Lawsuits
A frivolous lawsuit is one in that has no legal merit and, therefore, has no chance of actually succeeding. A frivolous lawsuit is often filed with the intention of harassing, annoying, or disturbing the other party in question. In some cases, the lawsuit is filed to limit the collection and/or foreclosure proceedings on an outstanding debt as a possible strategy to settle the case for less. Litigious people will threaten […]Continue reading