Real State

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…
Finances

A Guide to The Corporate Transparency Act of 2024

BY Protect Wealth | December 21, 2023

In the complex terrain of the U.S. financial system, the importance of transparency and accountability cannot be overstated. The "Corporate Transparency Act of 2024" (CTA) is a critical milestone in strengthening the integrity of the U.S. financial system. The key weapon in this legislation's arsenal is eliminating the shadows wherein illicit actors have long thrived.…

Real State

Navigating Generational Wealth: Understanding the Recent IRS Increases in Gift and Estate Tax Exempt Limits

BY Protect Wealth | December 19, 2023

Successfully managing and transferring wealth across generations has long been a cornerstone of fiscal health for families and individuals. Key to this process is understanding and strategically navigating the complex tax laws that surround these transfers. Among the most critical regulations in this ambit is the estate tax, a levy placed on the estate of…

Finances

Building a Fortress: Key Strategies to Keep Your LLC Bulletproof and Financially Secure

BY Protect Wealth | December 15, 2023

In today's highly competitive and volatile business environment, financial security is not merely a desirable factor—it's a necessity. For businesses structured as Limited Liability Companies (LLC), this security is largely dependent on maintaining and fortifying their legal and financial structures. An LLC, as an entity, provides its owners with limited liability, tax advantages, and operational…

Finances

Top Strategies for Smart Student Loan Repayment within Your Business for Enhanced Asset Protection

BY Protect Wealth | December 12, 2023

Strategic student loan repayment is a somewhat overlooked aspect of financial planning, particularly among business owners. But as the costs of higher education remain high, more entrepreneurs find themselves juggling the financial requirements of their businesses with the need to make consistent student loan repayments. Sound financial health isn't solely about how profitably a business…

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