Asset Protection Planning

5 Reasons Why Uncle Bill May Not Make a Good Trustee

Posted on: August 5th, 2015
If you have created a dynasty trust that you intend to last for decades into the future, choosing the right trustee is critical to the trust's longevity and ultimate success. Initially you may think that a family member, like your children's fiscally responsible Uncle Bill, will be the best choice as trustee, however there are five reasons why Uncle Bill may not be the best choice....

Business Owners Who Take Time to Plan Exits Increase Chances of Success

Posted on: August 14th, 2014
“To will is to select a goal, determine a course of action that will bring one to that goal, and then hold to that action till the goal is reached. The key is action.” — Michael Hanson If the thought, “Why exit plan when I can’t sell my business now or anytime soon?” has crossed your mind, consider the case of fictional owner Rudolfo LeMonde....

Jim's Chapter in Florida Bar Book Quoted in Miami Firm's Blog

Posted on: August 1st, 2014
We are excited to share that our senior attorney and firm owner Jim Flick co-wrote the chapter "Offshore Asset Protection Trusts" of the Florida Bar's book Asset Protection in Florida, 3rd Edition published last year for attorneys....

Can You Afford To Ignore Your Business Exit?

Posted on: July 30th, 2014
“In preparing for battle, I have always found that plans are useless but planning is indispensable.” Dwight D. Eisenhower (As quoted in Six Crises by Nixon, Richard (1962). “Krushchev. ” Doubleday.)...

New Ruling on Accounting Firm Succession Plans

Posted on: November 11th, 2013
Carol Cantrell on Cantrell v. Briggs: Impact of the Fifth Circuit's Ruling on Accounting Firm Succcession Plans ...

Post-Election Tax Planning for 2012

Posted on: November 7th, 2012
It is a stressful time for individuals who have a net worth of well over $1,000,000 and may find themselves wondering whether living until after December 31, 2012 will cause significant additional estate tax. The situation that we have been fearing since December 2010 is now almost upon us. So what are people to do between now and December 31, 2012?...
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