by empirical360 | Aug 20, 2020 | Article
Nobody gets married planning to get in a divorce. But the very sad thing is that divorce happen, and they now happen more then 50% of the time. Now, the typical asset protection situation is where individuals or married couples look to protect their assets from other...
by empirical360 | Aug 20, 2020 | Article
What is an asset protection trust? Who needs them? Where do you set them up? Lets jump into this. Lets start with the need for asset protection and why asset protection works. Asset Protection works by removing the economic incentive for a person, and that person’s...
by empirical360 | Aug 20, 2020 | Article
One of the top questions I am asked is “what is the difference between a revocable and irrevocable trust?” The difference can be confusing, along with the reasons why. Especially when you see so many different types of trusts and terms such as: Revocable Living Trust,...
by empirical360 | Aug 20, 2020 | Article
Fraudulent Conveyance and Asset Protection Fraudulent Conveyance is really one of the big kahuna issues with transferring assets. It is one of the questions I get asked the most, and is one of the least understood concepts. Fraudulent transfers or Conveyance or now...
by empirical360 | Aug 20, 2020 | Article
I was talking to a very popular podcast host Lane Kawaoka, the host of Simple Passive Cash Flow and his mastermind group. During this event a very good question was asked. I was asked my general thoughts on equity stripping as a form of asset protection, how it works...
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