Here’s a true but startling Real Estate Asset Protection fact: It’s estimated that every day, some 50-60,000 lawsuits are filed in the United States! That number is both staggering and sobering. What even more staggering that many of these lawsuits are frivolous and have no merit? It’s often been said that you don’t have to … Read more
A 1031 exchange is a tactic used by real estate investors to indefinitely defer tax liability on a property’s sale. This is achieved by giving the rights to a property one would like to sell to an intermediary, who holds on to the funds gained from the sale of the relinquished property and uses them … Read more
Stock picking in 2009 was a year when even monkeys could have made a lot of money in the stock market. Maybe you’ve heard the story from the 1980s, which was argued in a popular investing book, that a bunch of monkeys throwing darts at a list of stocks could make stock picking that would … Read more
The Final and the Most detrimental: The majority of people don’t put the IRS at the top of their priority checklist, and here is why: If you do not pay your internet bill, they shut down your internet. If you don’t pay your car insurance, they terminate the policy. You could possibly go many … Read more
Copyright (c) 2009 Jeffrey Matsen I. Introduction Asset protection planning has been practiced by attorneys, financial planners and accountants for several decades. Business persons have always had concern over the exposure of their personal assets to claims against the business. The corporate form of business entity with its shield of limited liability has been invoked … Read more