by Leslie Marenco | Oct 24, 2014 | Articles, Asset Protection, Case Law, IRAs / 401(k)
A recent U.S. Supreme Court decision has changed the way inherited IRAs are viewed when it comes to bankruptcy, and calls for those who inherit these retirement account assets to find new ways to protect that inheritance. In Clark v. Rameker, Heidi Heffron-Clark...
by Leslie Marenco | Oct 18, 2014 | Articles, Asset Protection, Business Succession
Female-owned businesses are one of the fastest growing sectors of the U.S. economy, with the number of women-owned businesses doubling over the past 17 years, according to a recent Forbes article. Many women who run their own companies often do double-duty as CEOs of...
by Leslie Marenco | Sep 22, 2014 | Articles, Asset Protection, Business/ Corporate Law
Bankruptcy. It’s the bad word every business owner is working hard to avoid. And, yes, it’s also a tool given to entrepreneurs as an encouragement to take risk and be able to have a fresh start when things do not go as planned. It’s a thought that may have crossed...
by Leslie Marenco | Sep 17, 2014 | Articles, Asset Protection, Business/ Corporate Law
Setting up your business as a corporation or a limited liability company (LLC) is a great way to go for most entrepreneurs, since incorporating protects personal assets from business liabilities, helps lower taxes and ensures the longevity of your business. However,...
by Leslie Marenco | Sep 11, 2014 | Articles, Asset Protection, Trusts
If there was ever a Catch-22 situation for business owners, it is this: most do not take the necessary legal steps to protect their personal wealth until it is threatened by creditors or litigants – and by then, it’s too late to implement effective asset protection...
by Leslie Marenco | Sep 9, 2014 | Articles, Asset Protection, Business/ Corporate Law
One of the most common questions business owners want to know is what kind of legal agreements they need. And while the answer to this question depends a lot on what kind of business you operate, there are four key legal agreements that virtually every business owner...
