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             28 March, 2024
 

    
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A Joint Tenancy Is Where Two Persons Co-Own A Property (Popularity: )
http://www.theestateplanningguide.com
A Joint Tenancy is where you and another person co-own or cohabitate the same property. Joint Tenancy also refers to where a married couple owns a home or property together. You might also want to know that a Joint Tenancy can have more than two people who own the property. The only stipulation to this is that no matter how many people own the property, they all own equal parts. ...

A Proactive Approach To An Exit Strategy Is The Only Approach To A Successful Exit Strategy (Popularity: )
http://www.pinnacleequitysolutions.com
For the past fifteen years, I have served as a principal, a manager, a transactional advisor, a legal advisor and a financial advisor to privately held businesses and their owners. Over this time period, I have noticed a lack of consistency in how Exit Strategy services are delivered to business owners. This inconsistency exists, even though succeeding a business is one of the most important and complex financial decisions that ...

Anguilla as a Offshore Jurisdiction (Popularity: )
http://www.panamalaw.org
Anguilla is another jurisdiction with misleading bank secrecy. Commercial confidentiality is contained in the statues, BUT the government of Anguilla will co-operate fully with law enforcement agencies and regulators in other jurisdictions, think wholesale fishing expeditions and inquiries related to “possible” income tax violations. In other words records may be requested just to see if in fact there were any taxation violations that citizens of a certain country may have ...

Asset Protection In Relation To Medicaid And Bankruptcy (Popularity: )
Asset Protection And Medicaid Advocating the proper asset protection measure is of crucial importance. The asset protection from Medicaid is to be especially mentioned in this regard. The Medicaid is the health insurance system run by the state for people with low income and limited assets. Planning ahead can offer asset protection from Medicaid to a great extent. The asset protection from Medicaid planning option will depend on whether the basic documents ...

Asset Protection Iron Triangle (Popularity: )
http://corp-llc-bct.com
Asset protection is not just for the wealthy any longer. When a middle class home can easily run a half million dollars in Florida, and over a million in New York or California, anyone can become a target of lawsuits, divorce courts, and the IRS. You have to dig a well before you are thirsty, or in this case, build a legal fortress before invading barbarians reach your gate. Your tools to ...

Asset Protection Options (Popularity: )
http://www.theestateplanningguide.com
When thinking of your assets and obviously you have or you wouldn't have found this article, you have looked into different options there are out there for you to protect your investments. These options are designed for both Offshore and Domestic assets. When deciding on which protection you need it also depends on the monetary value of your property. You need to also factor in the type of asset it ...

Children, Guardianships and Wills: Estate Planning for Young Families (Popularity: )
http://www.strattonplanning.com
Consider this scenario: Both you and your spouse are young with two small children. You don't make much; in fact, you might be just scraping by. You might have a small savings account -- very small. If you are fortunate enough to own a house or a condominium, you probably don't have much equity in the property -- at least, not yet. Preparing an estate plan is probably the last thing on ...

Enduring Power of Attorney Being Phased Out Last Month to Act (Popularity: )
http://www.gb-legal.com
In the UK the new mental capacity act is due to come into force on the first Monday in April 2007. The Act governs decision-making on behalf of adults who lack mental capacity, both where they lose capacity at some point in their lives, and where the incapacitating condition has been present since birth. This act covers all decisions, including personal welfare and financial matters, and covers decision-making on their behalf by ...

Estate - Beyond The Living Will (Popularity: )
http://www.guardingyourwealth.com
Living wills have received a great deal of attention due to the recent Terry Schiavo situation. Because her end-of-life wishes were in dispute, family members battled each other in the courts over her treatment and care. By having a proper Living Will, you can avoid such confusion. But a Living Will doesn't ensure you have all your bases covered. There are other equally important documents you must have in place. A ...

Family Limited Partnership-Abusive Tax-Free Wealth Transfer (Popularity: )
Family limited partnerships, one such traditional limited partnership, have been over marketed as wealth transfer devises. Family limited partnerships are red flags for the Internal Revenue Service as abusive tax-free wealth transfers. Family partnerships have been widely propagated as the devise of choice for transferring the family business and other highly appreciated assets tax-free from parents to their children. Different programs are available to transfer ownership and the management of a ...