Recently I’ve run across some significant issues with the single member LLC’s with courts handing down noteworthy judgment decisions in favor of creditors using the theory of “fraudulent transfers” and “civil conspiracy.” I ran across two such individuals that have made me more caution on client advice regarding single member …
Read More »How the Rich Hide Their Assets
It’s very simple, how the rich hide their assets is not to hide them at all. The rich use laws to protect their assets. They use legal entities created under the different laws, trust laws, corporate laws, partnership laws, and tax loopholes available to all, not just the rich. The …
Read More »Would You Want EVERYONE To Be Able To Read Your Will?
Jacquelyn Kennedy Onassis was a very private person. Surprising when you consider the public life she led – but true. She was famous for keeping her private life private. Why am I telling you this? The other day, my CPA was telling me that the office he previously worked in …
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