by Brian T. Bradley | Dec 15, 2024 | Asset Protection
The Importance of Asset Protection: Safeguarding Your Wealth from Legal Threats: Asset protection is effective for one fundamental reason: it removes the financial incentive for individuals—and their attorneys—to pursue legal action against you. While this concept is...
by Brian T. Bradley | Dec 15, 2024 | Asset Protection
Imagine hosting a lively gathering only to discover one guest who simply refuses to leave. This annoyance pales in comparison to the frustration of dealing with an uninvited individual who decides to take up residence on your property. This practice, known as...
by Brian T. Bradley | Dec 15, 2024 | Asset Protection
What are the Disadvantages of Tenancy by the Entirety? If you’re considering various asset protection strategies in a state that acknowledges “Tenancy by the Entirety,” it’s essential to understand its limitations. While this form of property ownership,...
by Brian T. Bradley | Dec 15, 2024 | Asset Protection
ASSET PROTECTION ISSUE: Does Bankruptcy Code Section 548(e) void a transfer to an Alaska DAPT, even if settlor was solvent at time of transfer? CASE SUMMARY: Mortensen was an Alaska resident and in 2005 settled an Alaska Domestic Asset Protection Trust with $60k of...
by Brian T. Bradley | Dec 15, 2024 | Asset Protection
ASSET PROTECTION ISSUE: Will an Alaska Domestic Asset Protection Trust (DAPT) stand up to a Bankruptcy Trustee? CASE SUMMARY: Donald G. Huber (Huber) and his son Kevin Huber owned United Western Developers (UWD), a real estate investment and development company in the...
by Brian T. Bradley | Jan 10, 2024 | Asset Protection
Understanding Wyoming Trusts and Asset Protection In the world of financial security, safeguarding your wealth is crucial. For high-net-worth individuals, Wyoming trusts—particularly asset protection trusts (APTs)—have become popular solutions to shield assets from...
