Doug
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Recent activity by Doug-
How to Manage Rental Property (Using Holding Companies and LLCs)
One of the most commonly asked questions I get it: "What is the best way to Manage Rental Properties and the flow of income and expenses?" The answer is, of course, it depends! It depends on vari...
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Why So Complicated?
After now practicing law exclusively in the area of Asset Protection for the past 25 years, I have had the opportunity review a lot of legal structures and have seen how those structures were manag...
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How to Properly pay an "Inside Sales" team
There are two types of classifications when it comes to sales team members. Inside sales and outside sales. This brief analysis focuses on inside sales classifications and how they are affected by ...
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Asset Protection and Child Support
It is not uncommon for us to get calls from clients inquiring about how Asset Protection might affect the calculation of child support payments. It is reasonable to think that something that can p...
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Protecting your Primary Residence
Protecting real estate can be challenging because of the fact that real property cannot be physically moved. For investment real estate, this usually involves an LLC and potentially a holding comp...
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What to know and do when a Settlor Dies.
Death can be a difficult time for everyone. However, for a surviving spouse it is often overwhelming. This is especially true when working with the legal and financial process. It can seem like ...
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Does Lodmell & Lodmell have a W-9?
A W-9 is a verification of a businesses Employer Identification Number (EIN). Clients and vendors may ask for your W-9 during tax time so that they can send your business a Form 1099 for fees paid...
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What are Charging Order Protections, and what States are the best?
WHAT IS A CHARGING ORDER? A charging order is the way in which Limited Liability Company (LLC) or a Limited Partnership (LP) protects assets. Specifically, it provides that a creditor who has obtai...
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What are Friendly Liens and Equity Stripping?
I’ve been recently receiving a number of questions regarding the use of “Friendly Liens” – as means of asset protection. If you’re not familiar with the term, it refers to a lien against property y...
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How can I use U.S. Deeds to transfer property?
U.S. Deeds is a national deed preparation service. Our experience has been that they are both efficient and reasonable and easy to work with. If you would like their support in preparing and fili...