It has been said that there are only two guarantees in life: death and taxes. Unfortunately, there is a third promise. You can be sued by creditors if you are in default on your debt. They can take money from your salary and even from your bank account! But what if you are underemployed, unemployed, … Read moreJudgment Proofing Could be the Answer for Unpayable Debt
Worrying about a possible pending judgment can keep you up at night worried sick about what your future holds. The uncertainty of not knowing if your money will be accessible in the morning can be very stressful. Here are a few things for you to know to protect yourself. Creditors cannot take more than 25% … Read moreEverything You Need To Know About Being Judgement Proof
Are you thinking about setting up a living trust? Revocable living trusts have many benefits over wills, such as avoiding probate after death and helping to keep your property and your personal information private and protected from court challenges. Here are four reasons you should set up a revocable living trust. It’s Not Just for … Read more4 Reasons Why YOU Should Set Up A Living Trust
It is not unheard of that a couple be married for twenty+ years, and still end up divorced. Life circumstances change, and asset protection needs to evolve right along with your marriage. That is why there has been a rise in post-nuptial agreements. A post-nuptial agreement is similar to a prenuptial agreement, in that it … Read moreAsset Protection: Post-nuptial Agreements
Misconceptions about revocable living trusts abound, which is why it is so important to get professional help when setting one up. Here are three common mistakes people make when setting up a living trust. Not Acclimating Trustees After setting up your living trust and funding it properly, you need to make sure that the people … Read more3 Common Mistakes People Make When Setting Up A Living Trust
A lawsuit of any size can negatively affect a defendant who finds themselves ordered by a court to pay a debt to a creditor or plaintiff. You could be the average person who lost a small claims court case to a former friend. Another scenario could be the well-off small business owner slapped with a … Read moreHow Judgment Proofing Works for All
Are you faced with a court case and wondering if there is an alternative to paying a licensed attorney of law to represent you? Have you ever considered representing yourself? If so, here are the answers to some frequently asked questions about pro-se litigation. What is pro-se litigation? The word pro-se is Latin, and means … Read moreFrequently Asked Questions About Pro-Se Litigation
What happens if you are served a complaint and summons from a competitor, vendor, or client? Or the IRS puts you on notice of back taxes owed? Or changes in regulations and enforcement make you vulnerable? Or if you are personally exposed to an unforeseen loss from an LLC? Do you have a defense or … Read moreControl Your Assets, Take Charge of Your Life
You spent years building your business from scratch, and now it is finally profitable. Or maybe you toiled for years in your profession, climbed the ladder, and have finally command a position of respect and high income. The last thing you want to have happen after all your hard work is to lose it all … Read moreProtecting Your Assets in a Lawsuit Happy World
Owning your own business comes with an array benefits and drawbacks. A common reason prospective owners are wary about operating a business is the fear of being taken to the cleaner’s in court over a lawsuit. Your personal assets are valuable, and action must be taken to protect them. Thankfully, many strategies designed to protect … Read more4 Essential Asset Protection Strategies