Risk Management & Asset Protection - Nicholls State University
Risk Management & Asset Protection - Nicholls State University
Risk Management & Asset Protection - Nicholls State University
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What <strong>Asset</strong> <strong>Protection</strong> Is‣ Not About Hiding or Concealing‣ Objectives- Use the existing laws to protect yourself- High degree of certainty- Maintain control- Discourage lawsuits from the outset‣ Avoid Liability “Traps”- General Partnerships & Joint Ownerships‣ Possible “Non-solutions”- Inter-spousal Transfers- Alaskan Trusts & Domestic <strong>Asset</strong> <strong>Protection</strong> Trusts(DAPT)