Medical Professionals
Wealth Support Services can help medical professionals develop asset protection structures, while also protecting existing assets such as homes, real estate, stocks, personal items, and your private practice. Read more…
Real Estate Investors
Proper asset protection for real estate must utilize entities formed in at least three (3) different states. This structure places each piece of real estate into a separate entity so that a lawsuit against one estate cannot affect any owned by a different legal structure. Read more…
Canadians
Canada is such a country where mistakes in the United States can result in horrendous tax consequences in Canada. If entities are formed incorrectly in the United States, Canadian citizens may find that 80% of their profits will go for taxes! Obviously, this is something to be avoided. Read more…
Stock Traders
Stock traders need to avoid investing in the stock and bond market under their own name. In the event of a lawsuit those assets can be seized by a judgment creditor for they are not protected. An LLC can protect your stock trading account, while still giving you a “hands on” approach to investing. Read more…
Entrepreneurs
Rather than working as an employee, an entrepreneur runs a business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale. An asset protection strategy can keep your business safe from improper litigation and creditors. Read more…
Additional Reading
Limited Partnership Link: http://www.investopedia.com/terms/l/limitedpartnership.asp
Corporation Link: http://www.investopedia.com/terms/c/corporation.asp
Entities/LLC Formation Link: https://www.thebalance.com/the-benefits-of-forming-a-nevada-llc-357533
Important Sites
Nevada Website: http://nv.gov/
Asset Protected Trust: https://en.wikipedia.org/wiki/Asset-protection_trust
Offshore Trust: https://en.wikipedia.org/wiki/Offshore_trust
Trust Law: https://en.wikipedia.org/wiki/Trust_law
