New Law Brings Great Relief for Californians
BY Kendal Blunck | 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…
The Asset Protection Strategy of Being Rich But Not Looking Rich
BY Kendal Blunck | July 11, 2022We live in a highly litigious world where lawsuits are common, particularly among professionals such as business owners, lawyers, and doctors. Your wealth is vulnerable to lawsuits, expensive divorces, creditors, and more. That's why it's critical to have an asset protection strategy to protect them. There are numerous options when it comes to hiding and…
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 Kendal Blunck | 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…
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