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…
Maximizing Asset Protection through Proper Business Structuring
BY Protect Wealth | February 12, 2024In the intricate world of finance, safeguarding assets against unforeseen liabilities is paramount. For financial planners, this begins with a fundamental step: choosing the right business structure. Asset protection is not just about securing wealth; it’s about ensuring the longevity and stability of a business in the face of potential legal challenges. This blog post…
Mastering Wealth Protection Techniques: Role of S Corporations
BY Protect Wealth | February 9, 2024In today’s financial landscape, safeguarding personal wealth has become a paramount concern for business owners. Amidst various strategies to protect assets, the structuring of businesses plays a crucial role. An S corporation stands out as a compelling choice for those seeking to combine the benefits of corporate structure with certain taxation advantages. This blog post…
Mastering Wealth Protection Techniques Through Business Structures and Beyond
BY Protect Wealth | February 7, 2024In today's rapidly evolving financial landscape, securing one's wealth has never been more critical. For financial planners, understanding how to safeguard personal and client assets is paramount. A significant part of this protection comes from the selection of appropriate business structures for financial planners, which can provide a solid foundation for asset protection strategies. However,…
Leveraging Trusts for Business and Wealth Protection: A Guide for Financial Planners
BY Protect Wealth | February 5, 2024In the rapidly evolving financial landscape, where unpredictability seems to be the only constant, the concept of wealth preservation has taken center stage for many business owners, including financial planners. Among the myriad strategies available, one stands out for its efficacy and flexibility: the utilization of trusts. Trusts for financial planners not only offer a…
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