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January 07, 2010
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Did You Know?    
 
 
A Living Trust is an entity created for the purpose of holding and managing assets
A Living Trust is an entity created for the purpose of holding and managing assets for the benefit of the creators of the Trust (the “Trustors”) during their lifetimes and then for the purpose of management and distribution of the assets to the beneficiaries designated by the Trustors. There are various reasons for creating Living Trusts: (a) To avoid probate administration on death of either Trustor. (b) To avoid a court supervised conservatorship in the event of lifetime disability of either Trustor. (c) To provide for the management and distribution of assets during continued administration of the Trust or upon its termination.

 


Asset Protection is a major concern for lots of people including businessmen, negotiators, entrepreneurs, creators, designers, and many others.

The one thing all businessmen have in common is their assets. And the main question they want answered is, "How do I protect my assets?" Whether it comes to business assets or personal assets, our Washington DC Asset Protection Lawyers will help you find the best way to protect your personal or business assets.

 
Per Capita Personal Income [Dollars]    
 
 
The column showing the rank of the personal income percent change 2003-2004 By States in Washington DC
Personalincome 2.3
Netearnings/1 1.3
Dividends,interest,andrent 6.8
Transferreceipts 1.9
PercentChangeInPersonalIncome 2.3
Netearnings/1 0.97
Dividends,interest,andrent 1.08
Transferreceipts 0.24
Percentchangeinpersonalincome 655
Netearnings/1 278
Dividends,interest,andrent 309
Transferreceipts 69

Source: U.S. Bureau of Economic Analysis
 

Our Washington DC Asset Protection Lawyers can assist you with all aspects of asset protection. Laws regulating asset protection are complex and difficult to understand.

An Asset Protection Lawyer can help you understand the complicated laws regarding asset protection or any legal topic related to asset protection.

Aspects of Asset Protection Law include:

  • Asset Protection Privacy
  • Business Protection
  • Family Limited Partnership
  • Limited Liability Company
  • Types of Trusts
  • Revocable Living Trust
  • Delaware Trust
  • The APT or Offshore Trust
  • Offshore Havens
  • Equity Stripping
  • Asset Protection Planning

 

Contact a Washington DC Asset Protection lawyer today and get a free consultation!



 
Washington DC Audio & Video    
 
  HIDING YOUR ASSETS
Audio, RM, 8 Kbps, 11:52, 2/25/1999

When it comes to protecting personal assets, the line between privacy and deception can be blurry. Some people use names of family members on their investments, for fear that a divorced spouse or Uncle Sam might want to take their share. And companies engage in a variety of practices, including setting up dummy corporations to save money. What are the legal and ethical boundaries for this type of activity? Join Ray Suarez and guests for a discussion of the limits of asset protection.
Source: National Public Radio
 
 
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News about Asset Protection cases in Washington DC and nationwide:

Asset Protection Guru Charged With Tax Fraud
Asset Protection Guru Charged With Tax Fraud

Prominent Fall City Couple Concealed More Than $8 Million to Avoid Taxes<...

Read more >


Critical Asset Identification Is Still Not Complete
In October 1998, a month before agencies’ initial CIP plans were due, CIAO issued its Vulnerability Assessment Framework. The framework was intende...
Read more >


Court Orders Illinois Broker John M. Lofgren And Melrose Asset Management To Pay Over $5.5 Million To Defrauded Commodity Pool Participants
Washington, D.C. – The U.S. Commodity Futures Trading Commission (CFTC) announced today that on August 30, 2004, Judge...
Read more >


More Asset Protection News >

 
 

Asset Protection Lawyers.com Terms

 


Today's Terms

Beneficiary

Definition:
The person who receives the benefits or gifts from an estate, insurance policy, IRA, pension plan, or trust.

Asset Allocation

Definition:
When you divide your money among various types of investments, such as stocks, bonds, and short-term investments (also known as "instruments"), you are allocating your assets. The way in which your money is divided is called your asset allocation.

Durable power of attorney

Definition:
A power of attorney that remains valid when the principal becomes incapacitated.

More Asset Protection Lawyers.com Terms >

 

Asset Protection Resources

 


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Asset Protection Hot Topics

 
Topics Related to Asset Protection:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax
  • Dynasty Trust
  • Annuities

More Asset Protection Law Topics >

Washington DC Asset-Protection Attorney

 
If you live in the following cities and need an Asset-Protection attorney you should contact our Asset-Protection Attorney as soon as possible:

  • Washington DC
  • Adams Morgan
  • Anacostia
  • Capitol Hill
  • Cathedral Heights
  • Chevy Chase
  • Chinatown
  • Columbia Heights
  • Dupont Circle
  • Foggy Bottom
  • Friendship Heights
  • Georgetown
  • Glover Park
  • Logan Circle
  • Mount Vernon Square
  • Mount Pleasant
  • Shaw
  • Woodley Park


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