Tag Archives: asset protection
Revocable living trusts don’t protect your assets from people with legal claims against you because you’re treated as the owner of the trust assets. However, if you put assets in an irrevocable trust—one you don’t control and can’t revoke—then then those assets typically won’t be considered yours and may not be available to creditors. Learn various distinctions in this episode of the Bottled Business Sense Show.
WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group
Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222
Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182
The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.
WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group
If you’re running multiple business projects, you’ve probably wondered what’s the best way to structure all these ventures. Should you form one corporation to cover them all? Should you form an LLC for each one? You need to answer these questions from both a marketing and legal perspective.
Join Bill, Rick and Steve to discuss some of the best ways to explore these interesting options.
Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222
Steve Smith – GrowthSourceCoaching.com
steve@growthcoursecoaching.com
949.951.9163
Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182
Join Bill and Rick with their special guest, Daphne Mallory, ESQ., to discuss the benefits and marketing strategies unique to a family-owned business. Once formalized, a family business can lead to not only prosperity in the workplace, but more quality time developing family relationships, as well as emotional ties that forge new commitments of trust between business owner and clients. Daphne Mallory, Esq. is a Contributor for The Entrepreneur Magazine and The Huffington Post, media personality, and international speaker and trainer on Family Business. Moreover, her work and life has been featured on ABC, CBS, Fox and NBC, The Dr. Oz Show, Self Magazine, Woman’s Day, Essence Magazine, Massachusetts Lawyers Weekly, Brown Alumni Magazine, and Black Enterprise. She is the talk show host and producer of Family Business with “Daphne” on 103.9 FM KDKI.
Whether property is funded into a trust is primarily a matter of intent. With every comprehensive estate plan you should include not only an “Assignment of Personal Property,” which explicitly states that all personal property is intended to be funded into the trust, but also instructions as to how all other types of estate assets should be transferred into your trust. In this show, Bill and Rick discuss how each asset “type” is funded and what you should have prepared to ensure that end.
Arbitration is a method to resolve disputes outside of court. Often times it is contract-based. Did you know that many times employers make job offers contingent upon signing such agreements? Have you wondered whether an employee is required to sign an arbitration agreement? Do you know the difference between binding and non-binding arbitration? Join Bill and Rick for a discussion about arbitration agreements generally, as well as how they relate to the employer-employee relationship.
Sponsor:
Steve Smith
GrowthSource Coaching
steve@growthsourcecoaching.com
949.951.9163
In order to protect yourself from transactions which occur during the course of your business, every contract you enter into on behalf of your business should be in writing in order to cement the terms of the contract in a form that is less susceptible to dispute. In this show, Bill and Rick discuss how you can be more assured of what you bargained for and therefore make yourself less likely to expose your assets to loss, should a “contrived” dispute arise.
Sponsor:
Rick Reigle
Edward Jones
949.249.8248
30110 Crowne Valley Pkwy
Suite #104
Laguna Hills, CA
The answer to whether or not the beneficiary of an estate has any say in the management of that estate depends on the document under which the beneficiary is to acquire rights in the decedent’s property (i.e. Living Trust versus a Will). Likewise, the say of a beneficiary in the management of Trust property will be different before and after the death of the Settlor of a Trust. In this show, Bill and Rick explore some of these distinctions and alert eligible beneficiaries about exactly what their expectations should be.
