New Law Brings Great Relief for Californians
BY Admin | March 1, 2021 After years of having homestead laws that were supposed to protect the homeowner, the state of California has finally decided to play the game with the right game piece. State homestead exemptions give protection, up to a certain dollar amount, to a debtor, to protect a home and its equity from seizure by a judgment…Asset Protection: Why It Matters For You & Your Business
BY Kendal Blunck | July 6, 2022You’ve probably heard stories about business owners who had to give up all or part of their assets after losing a lawsuit. You don’t want the same situation to happen to you. An unexpected lawsuit can flip your life upside down if you haven’t taken any steps to protect your assets. It’s never too early…
A Guide To Encumbering And Equity Stripping Assets
BY Kendal Blunck | July 1, 2022One of the traditional asset protection measures is equity stripping – the process of lowering your real estate asset’s value. It includes encumbering assets (your property) with debt to the point where it’s unattractive for creditors. By granting another individual a claim against your property, you can maintain control over it while making it worthless…
Should I Consider An Equal Opportunity Trust?
BY Admin | June 27, 2022An incentive trust, which is also known as an equal opportunity trust, is a legal concept that ensures one’s descendants will wisely use their inheritance. It is designed to minimize the waste or destruction of generational wealth which sometimes occurs when children or grandchildren are given unfettered access to the assets of their parents and…
Ways To Save Money Without Overdoing It
BY Admin | June 22, 2022Knowing how to save money is a crucial life skill that too many people lack. Statistics show that Americans tend to be heavily indebted with few savings, and while you don’t want to be a miser, below are some tips that will help you save money so you can live the life of your dreams.…
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