Individual retirement accounts, or IRAs, are a fundamental part of planning for retirement for many Americans. In 2022, it was estimated that the value of the assets held in these accounts was around 10.1 trillion U.S. dollars.
Both traditional and
When choosing the best asset protection option for you, there are a handful of questions you should ask, especially when choosing to hire an attorney.
Legal Representation
Are you engaging with a licensed attorney at a reputable law firm?
In
You’ve built up a nice portfolio of assets over the years, and now you’re wondering, “Are offshore banks safer than domestic banks?”
In general, you can expect offshore banks in certain jurisdictions to offer more safety and security compared to
With more than 40 million lawsuits are filed in the U.S. each year, there will inevitably be a long list of cases that border on absurdity.
Also referred to as frivolous lawsuits, a ridiculous lawsuit lacks any rational basis for
Medical schools teach aspiring doctors about microbiology, surgical procedures, medical ethics, and patient communication, but rarely about medical malpractice. It is a notable lack, considering the very real threat of facing a lawsuit at some point in your medical career.
Offshore trusts are known for being effective asset protection tools, leading many people to wonder if they can be used in this same manner for stocks.
From a practical standpoint, transferring stocks to an offshore trust involves shifting the
Have you found yourself struggling financially? Perhaps you’ve taken on more debt than you can handle and now have to file for bankruptcy. Or, maybe you recently lost your job and worry you’ll fall behind on your payments. Any sort
Year after year, you’ve dutifully saved for retirement. What happens if creditors come knocking? Do they have any right to seize your retirement funds, or is that money protected?
It depends. If you’ve stashed your money in one of several
Almost anyone could deal with a sticky lawsuit at some point, but the stakes are typically higher and garner a lot more attention when you’re a celebrity. You might have followed some high-profile celebrity lawsuit disasters before, from divorce and
As a high-net-worth individual, your wealth is at risk. Americans file lawsuits for seemingly endless reasons. Understanding the prevalence of lawsuits in modern America can help you put this concern into perspective so you can begin protecting your wealth today.