by Leslie Marenco | Aug 16, 2014 | Articles, Celebrity Estates, Income Tax, IRS, Liens/Debt
Adding to the ongoing list of Rappers that apparently have money for mansions, women, and jewelry (apologies for the stereotype) but not to hire an accountant or a lawyer, Lil Wayne’s (whose real name is Dwayne Carter) tax troubles have reached an all-time high...
by Leslie Marenco | Aug 16, 2014 | Articles, IRS, Liens/Debt
When you fail to pay your tax debt, the government may impose a federal tax lien. This lien protects the government’s interest in all of your property while the debt is owed. The types of property subject to the lien include real estate, personal property, and...
by Leslie Marenco | Aug 15, 2014 | Articles, Asset Protection, Business/ Corporate Law, Real Property / Real Estate, Trusts
If you own real estate, chances are you have purchased insurance to protect your assets against damage or loss. But have you taken the necessary steps to protect your assets against lawsuits or probate? If you own rental properties, there is likely a nagging fear in...
by Leslie Marenco | Aug 15, 2014 | Articles, Business/ Corporate Law
One of the first decisions an entrepreneur should be making is the selection of the right form of business entity. This is a critical decision because of its ongoing legal and tax consequences. Liability protection is the most important non-tax consideration in the...
by Leslie Marenco | Aug 14, 2014 | Articles, Business/ Corporate Law, Liens/Debt
Business owners who take out loans for equipment, property or working capital need to understand how liens can affect their business in terms of the potential problems they can cause and what should be avoided. Lenders usually file liens on business loans; these liens...
by Leslie Marenco | Aug 14, 2014 | Articles, Business/ Corporate Law, Trusts
The concept of a trust is difficult for many people to grasp because a trust is a concept, and therefore is an intangible. Another intangible, but one that is more familiar, and therefore seems easier to understand, is a corporation. A quick look at the two concepts,...
