by Leslie Marenco | Aug 11, 2014 | Articles, Asset Protection, Business Succession
Whether you are just starting a new business or have been running a business for years, there are four common legal mistakes that both novice and seasoned entrepreneurs make that can have a significant impact on the future viability of your company: Co-mingling of...
by Leslie Marenco | Aug 11, 2014 | Articles, Asset Protection, Business/ Corporate Law, Case Law
We attorneys LOVE LLCs and advised many of our clients to create LLCs to protect their assets inside the LLC from lawsuits by creditors against our clients individually. Prior to 2010 it was generally understood that if an LLC member was sued by an outside creditor...
by Leslie Marenco | Jul 8, 2014 | Articles, Asset Protection, Estate Planning
Gifting assets can be a useful estate planning tool if you need to reduce your estate tax bill or for long-term care planning purposes. However, you need to be sure that your gift does not cause any unforeseen problems for you or the person receiving your gift. Here...
by Leslie Marenco | May 5, 2014 | Articles, Asset Protection, Business/ Corporate Law
I was about to write “…one of the primary advantages of incorporating your business is that business owners are not held personally liable for the debts or liabilities of the entity” when I stopped myself. Let’s be real; the whole freaking purpose of setting up a...
by Leslie Marenco | May 1, 2014 | Articles, Asset Protection, Business/ Corporate Law
Recently, a woman came into my office concerned and confused because she was served with a Complaint regarding the assets of a business she had purchased over a year ago. The Plaintiff was claiming that she had conspired with what appeared to be at the time the...
by Leslie Marenco | Jan 17, 2014 | Articles, Asset Protection
Asset protection is not something most people think too deeply about. Most of us are busy trying to accumulate assets to give considered thought to consider the importance of protecting what we have. A recent article on The Motley Fool investment website notes that...
