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Asset Protection Strategies

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This presentation describes various techniques to help protect your assets from "creditors and predators"

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Asset Protection Presented By: Richard J. Shapiro, J.D. and Mindy Menke, J.D. Blustein, Shapiro, Rich & Barone, LLP 90 Crystal Run Road, Suite 409 Middletown, NY 10941 www.mid-hudsonlaw.com
Introduction ,[object Object],[object Object],[object Object],[object Object],[object Object]
What Asset Protection Is ,[object Object],[object Object],[object Object]
What Asset Protection Isn’t ,[object Object],[object Object],[object Object],[object Object]
Easy Asset Protection Strategies ,[object Object],[object Object],[object Object],[object Object]
What Won’t Work ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What Might Work ,[object Object],[object Object],[object Object],[object Object],[object Object]
Family Limited Partnerships
Family Limited Partnerships
Family Limited Liability Companies
How It Can Work ,[object Object],[object Object],[object Object],[object Object]
Other Advantages ,[object Object],[object Object],[object Object]
Disadvantages ,[object Object],[object Object],[object Object],[object Object]
Life Insurance ,[object Object],[object Object],[object Object],[object Object]
Life Insurance (cont.) ,[object Object]
Life Insurance Trusts ,[object Object],[object Object],[object Object]
Access to ILIT Cash Value ,[object Object],[object Object],[object Object]
Domestic Asset Protection Trusts ,[object Object],[object Object],[object Object]
Key Features ,[object Object],[object Object],[object Object]
Will Alaska Law Apply? ,[object Object],[object Object],[object Object],[object Object]
Requirements for Creditor Protection ,[object Object],[object Object],[object Object],[object Object]
Requirements for Creditor Protection ,[object Object],[object Object]
Potential Limitations ,[object Object],[object Object],[object Object],[object Object]
Potential Limitations ,[object Object],[object Object],[object Object],[object Object],[object Object]
What Should Work Offshore Asset Protection Trust
Important Concepts ,[object Object],[object Object]
When Creditor Attack Likely ,[object Object],[object Object],[object Object]
HOW DOES IT WORK? ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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[object Object],[object Object]
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[object Object]
[object Object]
[object Object]
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Disadvantages ,[object Object],[object Object],[object Object],[object Object]
Points To Remember ,[object Object],[object Object]
Next Steps ,[object Object],[object Object]
Questions? ,[object Object]

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Asset Protection Strategies

Editor's Notes

  1. Copyright 2006 Richard J. Shapiro