Description

Protect assets from plaintiffs, creditors or government agencies. Review planning strategies and solutions, including planning with community property, business entities, trusts, and offshore structures. Learn how to protect from specific creditors, such as plaintiffs' attorneys, federal agencies, and lenders holding personal guarantees. Master techniques to protect homes, rental properties, bank and brokerage accounts, businesses, professional practices, and retirement plans. An extensive focus on the practical aspects of planning. What works and what doesn't. The discussion will cover case studies illustrating the effectiveness of various structures.

Presented by Jacob Stein

Target Audience

CPAs, attorneys, financial planners, real estate investors and business owners.

Course Objectives

• Identify specific planning and structuring techniques.
• Recall underlying substantive law and its practical application.
• Determine how and when to implement each structure and what type of asset and client.
• Recognize community and separate property assets and the use of business entities, trusts, equity strips, installment sales to insiders, etc.

Subjects

• Planning aspects
• Legal theories
• Protecting assets
• Planning before and after lawsuits
• Using business entities, including domestic and foreign corporations, LLCs and LPs
• Planning for married couples and community property
• Picking correct entities and jurisdictions
• Domestic and foreign asset protection trusts

Prerequisites

Basic knowledge of business entities, income, estate and gift taxes.