» Asset Protection

Ohio Asset Protection Attorney Recommends Multiple Levels of Protection for your Assets

August 17th, 2012
Ohio asset protection attorneys use a wide variety of tools and strategies to protect a client’s assets. Trusts, including irrevocable trusts, revocable trusts and asset protection trusts, are used in combination with limited liability companies (a… Read More

Ohio Asset Protection: Your Attorney and Other Advisors Should Work as a Team

August 13th, 2012
When it comes to Ohio asset protection, attorneys and other advisors are finding they are turning more and more to advanced strategies for asset protection planning in order to fully protect clients’ assets. Additionally, they are finding that bett… Read More

Why Ohio Asset Protection Attorneys Recommend Passing Assets to Your Children Via Trusts

August 6th, 2012
Ohio asset protection attorneys usually recommend that wealthy families use trusts to pass their assets and estates on to their children. From legacy trusts to trust funds for children, trusts offer a number of advantages to help ensure your estate a… Read More

Best States to Start an LLC for Asset Protection? Ohio is Now at Top of the List

August 3rd, 2012
LLCs and asset protection — In Dayton and Ohio, asset protection attorneys frequently use a limited liability company (LLC) as part of an overall strategy to protect a client’s assets from potential creditors. Often clients have heard about formi… Read More
Tags: LLCs

Best States for Asset Protection Trusts for Ohioans? Put Wyoming at Top of the List

July 27th, 2012
Domestic asset protection trusts (DAPTs) are a valuable tool for protecting hard-earned assets against loss due to lawsuits, divorces, bankruptcy and other creditors. However, Ohio’s trust laws do not yet provide asset protection to self-settled tr… Read More

Ohio Asset Protection Attorney Explains How to Keep Control of Assets in a Trust or LLC

July 23rd, 2012
As an Ohio asset protection attorney, I frequently recommend that clients use an out-of-state irrevocable trust and limited liability company (LLC) to protect their assets against creditors, lawsuits and unnecessary taxes because using the two togeth… Read More
Tags: LLCs

Ohio Asset Protection Lawyer Reveals Top 5 Mistakes in Using a Limited Liability Company for Asset Protection

July 18th, 2012
In Ohio, asset protection lawyers often use a limited liability company (LLC) as part of an asset protection strategy. But an LLC must be structured correctly and specific requirements and ongoing procedures must be met if the LLC is to offer any ass… Read More
Tags: LLCs

Ohio Asset Protection Lawyer Reveals Top 5 Mistakes in Using Trusts for Asset Protection

July 9th, 2012
In Ohio, asset protection lawyers frequently use revocable and irrevocable trusts as part of an asset protection plan. But the trusts must be structured correctly and used correctly to offer any asset protection to the Trustmaker, who is often also a… Read More

Completed Gift Domestic Asset Protection Trusts — What They Are and How They Work

July 6th, 2012
Completed gift domestic asset protection trusts (DAPTs) take advantage of U.S. tax law and trust laws in some states to protect up to $5 million from estate and gift taxes. As a Dayton, Ohio asset protection attorney, one of the tools I use to minimi… Read More

Ohio Asset Protection Lawyer Explains How LLC’s are Used in Asset Protection

June 28th, 2012
Ohio asset protection lawyers frequently use limited liability companies (LLC’s) to distance a client’s assets from their businesses so the assets are less vulnerable to business risks and businesses are less vulnerable to the client’s personal… Read More
Tags: LLCs
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