Asset Protection

What You Should Know About The SECURE Act and Retirement Accounts

March 16, 2020 by

The SECURE Act, which changes the law applicable to retirement accounts, became effective on January 1, 2020. The SECURE Act increases the age for required minimum distributions from retirement accounts from 70 ½ to 72 years of age (for ...

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8 Important Things to Know about Using an LLC

November 19, 2019 by

Should I have insurance? This question is frequently asked, especially from persons who use or plan to use a Limited Liability Company (LLC) as their legal platform to do business. That question got me thinking about some of the ...

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Transferring LLC Membership Interests Part 3 – Involuntary Transfers

August 28, 2019 by

An involuntary transfer of an LLC membership interest is a transfer prompted by a creditor action or the occurrence of a triggering event outside of the member’s control. An individual or legal entity obtaining a membership interest as a ...

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Transferring LLC Membership Interests Part 2 – Voluntary Transfers

August 21, 2019 by

A member of a Florida limited liability company (LLC) has a certain amount of personal asset protection if the LLC consists of two or more members. Part of this protection rests on the restricted transferability of LLC membership interests. ...

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