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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 — Attorney Explains When Living Trusts Protect Assets and When They Don’t

July 2nd, 2012
In Ohio, asset protection attorneys should NOT use living trusts alone as an asset protection plan because, under Ohio trust law, they do not protect assets from creditors, lawsuits, bankruptcy or other threats during the lifetime of the Trustmaker.… 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

Domestic Asset Protection Trust or Foreign Trust? Which is Right for You?

June 25th, 2012
Domestic asset protection trusts offer more flexibility and control than foreign trusts, but their ability to protect against court judgments in other states or federal bankruptcy courts has yet to be tested. In Ohio, asset protection attorneys may r… Read More

Asset Protection Attorney in Ohio Explains Inside-Out and Outside-In Liability

June 22nd, 2012
Asset protection attorneys in Ohio must protect clients’ assets from both personal lawsuits and lawsuits involving their business or real estate. Loss of assets can be avoided in liability lawsuits and business litigation. Many people don’t reali… Read More

Dayton, Ohio Asset Protection Attorney’s Answer to: “Why Do I Need to Protect My Assets?”

June 20th, 2012
In Dayton, Ohio, our asset protection attorneys frequently see creditors, lawsuits and taxes devour people’s hard-earned assets. Trusts, including both domestic and offshore trusts, combined with business entities, insurance and other tools can kee… Read More

Ohio Asset Protection Attorney’s Answer to “What is Asset Protection?”

June 18th, 2012
In Ohio, asset protection attorneys use trust law and Ohio asset protection laws to prevent your property, possessions, income and resources from being taken by lawsuits, creditors and the government. Plain and simple, asset protection is taking step… Read More

Ohio Veterans’ Benefits: Qualifications for Aid & Attendance

June 15th, 2012
Ohio veterans’ benefits from the Aid & Attendance pension can help pay for in-home care, assisted living or a nursing home. Get the assistance of an Ohio elder law attorney to qualify for these little-used VA benefits. Depending on their long-t… Read More
Tags: Aid & Attendance
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