Asset Protection: Concepts and Strategies for Protecting Your Wealth

by Chris Riser, Jay Adkisson, Christopher M. Riser

Overview

Strategies that are effectiveand legal for putting one’sassets safely out of reach

In today’s increasingly litigious world, theshielding of assets has become a prominentissue for financial planners, business owners,and high-net-worth individuals. Asset Protectiondetails methods that are both legallyand morally legitimate for protecting one’sassets from creditors, lawsuits, and scams.

Bringing economic common sense and legitimacyto an area that is drowning in gimmickry, two of today’s toplawyers examine the fundamental issues inthis growing area, avoiding dense legaleseto make the book accessible to anyone. Asset Protection covers everything readerswant to know about:

• Establishing an effective assetprotection program
• Today’s most popular, establishedstrategies
• Newer strategies that are still beingresolved by the courts

Product Details

ISBN-13:	9780071432160
Publisher:	McGraw Hill LLC
Publication date:	06/11/2004
Edition description:	New Edition
Pages:	326
Product dimensions:	6.10(w) x 9.10(h) x 1.16(d)

About the Author

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

Jay Adkisson (Laguna Niguel, CA) is a wealth planner with experience as a lawyer in high-profile cases involving offshore assets. He has been favorably featuredin the Wall Street Journal, Forbes, and othermajor publications.

Chris Riser (Atlanta, GA) is a U.S. tax attorneyand director of the American Bar Association’sAsset Protection Planning Committee.

Table of Contents

Chapter 1 Introduction
Chapter 2 What Is Asset Protection?
Chapter 3 Issues of Morality in Asset Protection
Chapter 4 Goals of Asset Protection
Chapter 5 Asset Protection Litigation
Chapter 6 Fraudulent Transfer and Bankruptcy Considerations
Chapter 7 Offshore Planning
Chapter 8 Methodology of Asset Protection
Chapter 9 Statutory Exemption Planning
Chapter 10 Collateralization
Chapter 11 Trusts for Asset Protection
Chapter 12 Spendthrift and Discretionary Trusts
Chapter 13 The Domestic Asset Protection Trust (DAPT)
Chapter 14 The Foreign Asset Protection Trust (FAPT)
Chapter 15 Foreign Trust Control
Chapter 16 Introduction to Share Structures
Chapter 17 Domestic Corporations
Chapter 18 Foreign Corporations and IBCs
Chapter 19 Charging Order Protected Entities
Chapter 20 Domestic COPEs and Series LLCs
Chapter 21 Foreign COPEs
Chapter 22 Management Companies, Leasing Companies, and ESOPs
Chapter 23 Advanced Life Insurance and Annuity Strategies
Chapter 24 Captive Insurance Companies
Chapter 25 Other Advanced Methodologies
Chapter 26 Specific Situations
Index
About the Authors