01st August 2009
Copyright (c) 2009 Jeffrey Matsen
Its not often that you beat the IRS and have them refer you clients later, however this was the case in this true story about a small business owner.
Peter was the President of a small manufacturing company and acte...
09th June 2009
Copyright (c) 2009 Jeffrey Matsen
Recently I had two different sets of clients come in to me with major legal problems. As you will be able to perceive after reading this article, these problems could have been drastically mitigated or even eliminated...
05th June 2009
Copyright (c) 2009 Jeffrey Matsen
Most of us have heard that Probate is something to be avoided. Simply put, Probate is the legal process by the means of which the court system oversees the administration of your estate when you die. It supervises th...
05th May 2009
Copyright (c) 2009 Jeffrey Matsen
Recently, upheavals in the lending industry and bank failures have led many depositors to be concerned over the safety of their bank accounts. As most people are aware, a large number of banks and credit unions are cov...
05th May 2009
Copyright (c) 2009 Jeffrey Matsen
Real Estate is generally considered to be a very valuable and worthwhile investment and has generally increased in value over time. Although the real estate market has slowed down recently, many individuals have substa...
05th May 2009
Copyright (c) 2009 Jeffrey Matsen
Overview of an LLC
A limited liability company ("LLC") is a business entity which has the legal liability protection of a corporation, but is normally taxed either as a disregarded entity, if there is only one membe...
05th May 2009
Copyright (c) 2009 Jeffrey Matsen
Obviously, all contracts should be prepared and reviewed by competent legal counsel. However, there are a number of fairly standard contract provisions that are in most contracts but may not be familiar to non-lawyers....
05th May 2009
Copyright (c) 2009 Jeffrey Matsen
Estate Planning experts and professionals often refer to Family Limited Partnerships ("FLPs") and Family Limited Liability Companies ("FLLCs"). Most professionals now utilize FLLCs instead of LPs because FLLCs are less...
05th May 2009
Copyright (c) 2009 Jeffrey Matsen
One of the principal legal benefits for business owners and real estate investors in using LLCs to conduct their businesses and hold their real estate is the limited liability shield provided by LLC statutes to LLC mem...
17th April 2009
Copyright (c) 2009 Jeffrey Matsen
The following are a number of questions and concepts specific to Limited Liability companies along with their respective answers and definitions. The information provided will provide the basic knowledge necessary for...
07th April 2009
Copyright (c) 2009 Jeffrey Matsen
A major goal of asset protection planning is to substantially diminish and reduce your financial profile. If you can restructure your assets in such a way so as to place them beyond the reach of future potential credit...
02nd April 2009
Copyright (c) 2009 Jeffrey Matsen
As we are all aware, over the last few decades expanding theories of liability and the proliferation of litigation has given increased emphasis to Asset Protection Planning to the extent that it is now a well recognize...
02nd April 2009
Copyright (c) 2009 Jeffrey Matsen
In most cases, when an individual who creates and transfer assets to a Trust (the maker or "Settlor" of the Trust), is also a beneficiary of that Trust, the Trust provisions will not protect the Settlor/beneficiary's c...
01st April 2009
Copyright (c) 2009 Jeffrey Matsen
IX. Sophisticated Asset Protection Planning Methods
A. Introduction
In the right context and for the right client with sufficient property to warrant in depth planning, more sophisticated planning steps are avail...
01st April 2009
Copyright (c) 2009 Jeffrey Matsen
V. Transmutation by Utilization of Charging Order Business Entities as it Effects Both Limited Partnerships and LLCs
A. Introduction
A charging order is a court order available to a judgment creditor directed to ...
