Asset Protection Strategies: Tax and Legal Aspects, Vol. 1 (Business Practice Library)

Volume 1 describes how to protect the assets of clients from future liabilities, judgment claims and other creditors through the use of such devices as choice of business entity, domestic and offshore trusts, concurrent property ownership and bankruptcy code exemptions. Contains foreign statutes that are not easily accessible plus numerous checklists, worksheets and examples which illustrate various principles in concrete, pragmatic terms. Volume 2 provides all forms, together with commentary, essential in implementing an asset protection plan. Includes difficult to obtain forms such as family limited partnerships, U.S. Treasury and IRS. Scores of checklists enable readers to make certain that no critical planning or drafting issue is overlooked. The accompanying disk, formatted in WordPerfect 5.1, contains all the forms in the text.