Asset protection; protect your wealth, limit your exposure to lawsuits, maximize your tax savings.9781599181707 Asset protection; protect your wealth, limit your exposure to lawsuits, maximize your tax savings. Klueger, Robert F. Entrepreneur Press 2008 294 pages $32.95 Paperback Legal guide KF9025 This book/CD-ROM package shows how to legally position business assets so that they are exempt from seizure or shielded from a creditor's claims creditor's claim n. a claim required to be filed in writing, in a proper form by a person or entity owed money by a debtor who has filed a petition in bankruptcy court (or had a petition filed to declare the debtor bankrupt), or is owed money by a person who has died. . After a brief tour of the civil litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. system, the book offers an overview of asset protection planning, then covers fraudulent conveyances A transfer of property that is made to swindle, hinder, or delay a creditor, or to put such property beyond his or her reach. For example, a man transfers his bank account to a relative by putting the account in the relative's name. , planning for exempt assets, asset protection for spouses, and asset protection using corporations, domestic trusts, limited partnerships and LLCs, and foreign asset protection trusts. Also covered are equity strips, private annuities, and qualified personal residence trusts The following article on personal residence trusts and qualified personal residence trusts is taken from attorney Jacob Stein's treatise on tax planning, with his permission. . Appendices provide a glossary, sample agreements, and other documents. The CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). contains a video seminar by the author. Klueger is a practicing attorney. ([c]20082005 Book News, Inc., Portland, OR) |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion