by Randy Coleman | Apr 11, 2019 | Annuities, Asset Protection, Business Owners, Business Succession Planning, Buy-Sell Agreements, Charging Order Protection, Corporations, Discretionary Trusts, Domestic Asset Protection Trusts, Estate Planning, Exemption Planning, Family Limited Partnership, Florida Asset Protection, Irrevocable Trusts, Limited Liability Companies, Physicians and Asset Protection, Premises Liability, Retirement Accounts, ROTH IRAs, Spendthrift Trusts, Tenancy by the Entireties, Titling of Assets, Trusts |
These three asset protection tips can help physicians, business owners, and other professionals protect their assets from various types of creditors. Whether you are a physician or not, you probably know that the practice of medicine is a profession fraught...
by Randy Coleman | Aug 24, 2012 | Asset Protection, Business Owners, Business Succession Planning, Corporate Compliance, Corporations, Family Business, Income Taxes, Internal Revenue Service (IRS), Life Insurance Protection, Small Business Law |
What happens when a company loses its top salesperson to a tragic accident? Imagine that the salesperson drove 40 percent of the company’s million-dollar-a-month revenue. Can the remaining, less experienced sales staff compensate for the loss? Do the...
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...
by Randy Coleman | Apr 24, 2011 | Asset Protection, Business Owners, Corporate Compliance, Corporations, Family Business, Family Limited Partnership, Limited Liability Companies |
The May 1 deadline for filing the Annual Report for legal entities formed in the State of Florida is approaching. Whether you own or operate a corporation incorporated in Florida, a limited liability company organized under Florida law, or a general or limited...
