Asset protection is something that you should be increasingly concerned about. However, attorneys and financial planners will exploit your concerns in order to justify the elaborate structures they create to “protect you.” There isn’t anything wrong with elaborate structures, but they are often an overkill. There are
Meet Lee R. Phillips Good News! You have an attorney – a Counselor to the United States Supreme Court – on your side. Frankly, this legal stuff “ain’t rocket science.” If an attorney would just break it down into plain English for you, you’re probably plenty smart
Wondering how to structure your company? Which type of corporation has the best asset protection value? There are two types of corporations, C corporations and S corporations. The S corporations are usually used by the “little guys,” and the C corporations are always used by the “big
Everybody thinks probate is a big bad monster that gobbles up families. Well, it isn’t really that bad, but it has been known to be a real nightmare for some families. The word probate in Old English simply means “to prove”. In American law, probate now describes
