Your home should be your oasis—the place where you can escape the stress and challenges of the rest of the world. But what happens when you’ve got a problem with your neighbor? Often those disputes can escalate to Hatfield v. McCoy proportions, costing you tens, or...
Month: November 2011
Asset Protection Lesson From Joe Paterno’s $1 House Transfer
We're getting lots of great real-world asset protection lessons lately ripped straight from the headlines. Yet another one came out yesterday. It drives home many crucial lessons that frequent readers of this bLAWg will recognize from my past posts, yet they...
Debt-Free in 15 Months and No More Underwater Mortgage
With the lingering depressed housing market, one of the most common requests we get from investors is to help them deal with the enormous, often life-changing, burden of a property that is worth far less than the debt against it. To give those of you in this...
What You Must Learn About Asset Protection From Michael Jackson’s Landlord’s Mistake
Yesterday’s “Today Show” featured a video taking you inside the house where Michael Jackson lived at the time of his tragic death. The grim tour was led by the company that will be auctioning off the 600 items of furnishings and personal property that Jackson left...
Important News for All Owners Of Single-Member LLCs
If you own a single-member limited liability company (“SMLLC”) and live in a community property state, recent developments now make it prudent for you to seriously consider adding at least one more member to your LLC (with an appropriate change in your Operating...