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...
by Leslie Marenco | Sep 6, 2014 | Articles, Asset Protection, Business/ Corporate Law
Small businesses can ill afford litigation – not only because of the cost, but also for the time and attention lawsuits can divert from your business. Here are six tips to help you avoid one of the most prevalent sources of business litigation: employee lawsuits. ...
by Leslie Marenco | Sep 3, 2014 | Articles, Asset Protection, Estate Planning, Inheritance, Special Needs Planning, Trusts
When families come in to do planning with me, we discuss at length how they want their children (or other beneficiaries) to inherit their wealth. In fact, whether they want their wealth inherited 1) outright, or in 2) Lifetime Asset Protection Trusts, is one of the...
by Leslie Marenco | Sep 2, 2014 | Articles, Asset Protection, Estate Tax, Income Tax
This is a Forbes article by William Baldwin which I found to be extremely helpful and easy to follow. I also agree with his advice…. Some assets are terrific holdings in estates. Go to your grave clutching them. Some are bad for heirs. Play hot potato with them...
