by aliantlawdev | Feb 19, 2024 | Structures
Many debtors consider selling their residence to protect the equity. However, they may not want to actually move out. To accommodate these conflicting desires, the sale and leaseback of the residence to a friendly third-party on a deferred installment note may be the...
by aliantlawdev | Feb 19, 2024 | Structures
Limited liability companies and limited partnerships are frequently used in asset protection. Consider the following. Any asset that you own (the asset is titled in your name or owned by you directly) can be seized by a creditor. For example, if you have an apartment...
by aliantlawdev | Feb 19, 2024 | Structures
An irrevocable spendthrift trust is a type of trust that either limits or altogether prevents a beneficiary from transferring or assigning his or her interest in the income or the principal of the trust. Thus, a creditor cannot reach a beneficiary’s interest because a...
by aliantlawdev | Feb 19, 2024 | Structures
FOREIGN/OFFSHORE TRUSTS The international asset protection trust also referred to as an offshore trust is a popular form of asset protection. Trusts are versatile tools that can be resolved in jurisdictions that have lawful systems developed to improve asset...
by aliantlawdev | Feb 19, 2024 | Structures
OFFSHORE/FOREIGN ENTITIES “Offshore” describes a place beyond one’s national borders, whether that location is land-based or water-based. The term “offshore” might be used to define international financial institutions, companies,...
by aliantlawdev | Feb 19, 2024 | Structures, Uncategorized
What is Equity Stripping? Equity Stripping is a collection of methods created to decrease the overall equity in a property. Equity stripping strategies can be utilized by borrowers as ways of making properties unappealing to lenders, along with predatory lenders...
