by Leslie Marenco | Jan 30, 2017 | Articles, Asset Protection, Business Succession, Business/ Corporate Law
A long time ago (1999) the Florida legislature passed CS/HB 361 amending Florida Statutes 620.8101 to provide, among other things, for limited liability partnerships (LLP) and limited liability limited partnerships (LLLP). The LLP is a general partnership where none...
by Leslie Marenco | Dec 15, 2015 | Articles, Asset Protection, Celebrity Estates, Uncategorized
The news broke that the divorce proceeding between the blonde Big Bang Theory actress Kaley Cuoco and professional tennis player Ryan Sweeting just became a great deal more complicated than originally anticipated – and that shouldn’t be surprising! Cuoco...
by Leslie Marenco | Dec 11, 2015 | Articles, Asset Protection, Celebrity Estates
When I heard that Mark Zuckerberg and his wife, Dr. Priscilla Chan, were donating 99 percent of their Facebook shares — currently worth more than $45 billion — to charity, I immediately assumed they had been the beneficiaries of smart family wealth planning advice and...
by Leslie Marenco | May 28, 2015 | Articles, Asset Protection, Trusts
Traditionally, one of the primary reasons for establishing a living trust has been to avoid probate. But there are a few more benefits of a living trust that can help you do much more than that, if it’s set up right: Asset protection for heirs. One of the most...
by Leslie Marenco | Apr 23, 2015 | Articles, Asset Protection, Business/ Corporate Law
My friend Marty, a very sassy CPA friend of mine once said to me that “LLC” stood for “Lawyer’s Likely Choice.” At first I laughed at his teasing remark but he was actually right. In terms of new formations, the Limited Liability Company...
by Leslie Marenco | Apr 17, 2015 | Articles, Asset Protection, Estate Planning
The poverty rate among seniors is rising, giving rise to the question of whether or not it is possible to inherit debt. In general, when a loved one passes, his or her debts fall to the estate to be paid. However, in situations where debt is shared — for...
