5 Things You Need to Know About Fraudulent Conveyance
BY Admin | December 20, 2016A fraudulent conveyance is a transfer of property or other assets in an effort to delay or hinder creditors from collecting on a preexisting debt. Unfortunately, even seemingly innocent property transfers that are part of your asset protection plan can be considered fraudulent conveyances under state and Federal law. Laws that Regulate Fraudulent Conveyance Fraudulent…
Special Asset Protection Needs of Medical Professionals
BY Admin | October 3, 2016Well-founded or not, there is an assumption that medical professionals have deep pockets. Coupled with the very real influence that doctors have over people’s everyday well-being, it makes them prime targets for lawsuits. Meritless claims aren’t always tossed out, either. In more than one-quarter of meritless claims, compensation was made through settlement. What’s more, overhead…
4 Things Franchisees Need to Know About Asset Protection
BY Admin | October 3, 2016Franchisees, like other business owners, work hard to make their businesses successful. It’s typical of many of these entrepreneurs to have the desire to pass their franchises on to the next generation in their families, but this can often be a complex endeavor. Unfortunately, many franchisees do not take the time early on in their…
You Are Being Sued
BY Admin | October 1, 2016-Barry Siegel, Esq. “You are being sued.” Just reading those words is enough to make you break out in a sweat. Even if it’s your business, and not you personally, or even if it’s someone in your family, a notice of a lawsuit is among the most stressful events you’ll ever experience. You’ll no doubt…
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