by Brian T. Bradley | Dec 15, 2024 | Asset Protection
Many investors and business owners form Anonymous Wyoming LLCs under the belief that they provide absolute protection against lawsuits, creditors, and liabilities. Wyoming’s reputation for privacy protections, no state income tax, and low reporting...
by Brian T. Bradley | Dec 15, 2024 | Asset Protection
The Appeal of Friendly Liens in Asset Protection In recent discussions about asset protection strategies, the concept of “friendly liens”—also known as “equity stripping”—has garnered significant attention. This approach involves placing a lien...
by Brian T. Bradley | Dec 15, 2024 | Asset Protection
When it comes to safeguarding your wealth, asset protection strategies like offshore trusts have proven to be some of the most effective tools available. The Anderson vs. Commissioner of Internal Revenue case is a pivotal moment in asset...
by Brian T. Bradley | Dec 15, 2024 | Asset Protection
In the realm of asset protection, one common misconception is that simply transferring all your assets to a spouse or children can effectively shield them from creditors and legal liabilities. “How about I just transfer the title and assets into my wife’s...
by Brian T. Bradley | Dec 15, 2024 | Asset Protection
In the world of financial planning, a prevalent myth persists: that asset protection strategies can also be used as a method to save on taxes. I get this call all the time “I want to create an asset protection plan to avoid paying taxes.” This misconception can lead...
