BASIC QUESTIONS

• What is included in the term assets?
• What is a creditor?
• What does it mean to have limited liability?
• What is a corporation?
• What is a limited liability company (LLC)? 
• What is a limited partnership (LP)?
• What is a limited liability partnership (LLP)?
• What is a limited liability limited partnership (LLLP)?
• What is a trust?
• Are there special businesses doctors and other professionals must use?
• What is equity stripping?
• When is it too late to do asset protection?
• What is the best time to do asset protection?
• Do I need an attorney to set up my program?

FRAUDULENT TRANSFER QUESTIONS

• What is a fraudulent transfer?
• What is the UFTA and why is it so important to asset protection?
• What is an insider according to the UFTA?
• Why is gifting more vulnerable than other transfers to a fraudulent transfer ruling?

MORE ADVANCED QUESTIONS

• Are their any court cases that show what works and what doesn't?
• What are attorney/client privilege and privileged work product?
• What is Unauthorized Practice of Law (UPL)?
• Can the IRS get assets inside my LLC or LP?
• Should I use a trust, LLC, limited partnership, or corporation?
• What is a disregarded entity?
• What is a disregarded entity multi-member LLC (DEMMLLC)?
• Why do multi-member LLCs provide better asset protection than a single member LLC (SMLLC)?
• What is charging order protection?
• Why does my asset program need a demonstrable purpose other than asset protection?
• What is an alter-ego theory (a.k.a. "piercing the corporate veil")?
• What type of records should I keep so as to avoid an alter-ego ruling?
• What does it mean to commingle assets?
• What are corporate formalities?
• How can I protect my S corporation's stock from creditors?
• What is an asset protection trust (a.k.a. self-settled trust)? How effective are they?
• Which equity stripping programs work, which don't, and why?
• What does it mean to perfect a lien?
• Who should my trust's trustee or company's manager be?
• What is a Protector?
• What is an operating agreement (a.k.a. a 'partnership agreement' for partnerships)?
• What are corporate by-laws?
• What is an executory contract?
• What is Kinetic Asset Protection?
• What is the best state to form a company in?
• What is the difference between interstate and intrastate business?

Cookies