Doug
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Recent activity by Doug-
How to Manage Banking with your Asset Protection Plan
When you set up a new Asset Protection plan, what is the best way to reorganize your bank accounts? This is a great questions and very important, so let's start with some of the things which WILL...
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Estate Planning vs. Asset Protection
What is Estate Planning? Estate Planning is the process of setting up your assets to pass smoothly to your heirs with the minimum of hassle and taxes. For most people this involves setting up eith...
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Step-Up in basis vs. Gifting (Medicaid Planning)
Gifting Gifting of one's estate is a common estate planning tool which has several benefits. For estates which are over the estate tax exemption, gifting is a way to transfer the estate in today's...
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A Nevada Trust vs. a Nevada DAPT
The Nevada DAPT Nevada is one of the 20 States in the US which as specifically adopted what has become known as a Domestic Asset Protection Trust (DAPT) statute. This statute is codified in NRS Ch...
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Understanding Asset Protection Using the Bridge Trust
A Brief History of Asset Protection Trusts Foreign Asset Protection Trusts (FAPTs) were first created by the Cook Island Trust Act in 1984. The key component of the Act states that the High Court...
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Separating your 'Brand and IP' from your 'Operations'.
Most business owners think of their business as a single entity or operation. This is especially true for small business owners and professionals, such as doctors, dentists and even lawyers and ac...
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What Liabilities can be protected with Asset Protection?
Asset Protection is often compared with Liability Insurance. I sometimes even get a question like: " What liability can asset protection protect against and what can it not protect against?" This q...
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Master Class on Asset Protection
Douglass S. Lodmell, J.D., LL.M. is recognized as one of the leading asset protection attorneys in the country. In this Master Class he address the major considerations when working with clients o...
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A Survivor's Checklist (What to do when a Spouse dies)
FOLLOWING THE DEATH, YOU SHOULD: IMMEDIATE The immediate items hardly need to be restated, but are here just as a reminder. It can be an emotional time and even simple things can seem difficult to...
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What does the Lodmell & Lodmell Annual Fee cover?
The Lodmell & Lodmell annual fee is designed to cover the cost of the systems we have designed to make sure that your plan is properly maintained and effective to protect your assets. One of the mo...