by Randy Coleman | Oct 16, 2011 | Asset Protection, Elder Care, Elder Law, Medicaid Planning, Nursing Homes |
Today’s Florida Times Union contains an editorial regarding Alzheimer’s and an article about the impact on marriage that Alzheimer’s has for increasingly large numbers of people. Together, the information provided by...
by Randy Coleman | Sep 22, 2011 | Asset Protection, Business Owners, Crazy Lawsuits |
September’s ridiculous lawsuits of the month create a whole new category of reasons for engaging in asset protection! These include a mother sued because her birthday card did not include a gift, a computer gamer who thinks Microsoft owes him $500...
by Randy Coleman | Sep 9, 2011 | Asset Protection, Beneficiary Designations, Business Owners, Business Succession Planning, Buy-Sell Agreements, Estate Planning, Estate Taxes, Life Insurance Protection, Small Business Law |
Why don’t women understand the need and importance of estate planning? It happens at least once a week. A woman comes to my office because some matter of urgency has triggered the “fear factor” and “forced” them to consult...
by Randy Coleman | Aug 11, 2011 | Asset Protection, Crazy Lawsuits |
The finalists for the Ridiculous Lawsuits of the Month for August have been announced, and here they are:1. Michigan woman sues Facebook “boyfriend” in Washington after their “relationship” ends. She wants more than...
by Randy Coleman | Jul 21, 2011 | Asset Protection, Business Owners, Business Succession Planning, Charging Order Protection, Corporations, Family Business, Family Limited Partnership, Income Taxes, Intentionally Defective Grantor Trusts, Internal Revenue Service (IRS), Limited Liability Companies, Small Business Law |
After my last post involving the legislative change in Florida that confirms the charging order as the exclusive remedy for a judgment creditor against an ownership interest in an limited liability company (“LLC”), I received a number of calls and...
by Randy Coleman | Jul 10, 2011 | Asset Protection, Business Owners, Business Succession Planning, Charging Order Protection, Corporations, Estate Planning, Estate Taxes, Family Business, Gift Tax, Income Taxes, Internal Revenue Service (IRS), Limited Liability Companies, Small Business Law |
In the 2010 case of Olmstead vs. Federal Trade Commission, the Florida Supreme Court ruled that the “charging order” was not the sole and exclusive remedy for a judgment creditor of a single-member limited liability company (“LLC”) (we...
