Synopsis "Asset Protection for California Residents (in English)"
The only book on asset protection planning specific to California residents. Now in its second edition. This book is a must read for any Californian who has assets that he wants to keep. Learn how to use limited liability companies, limited partnerships, various trusts, transmutation agreements, sophisticated offshore structures and many other planning tools to protect your home, retirement accounts, investments, rental real estate, business interests, intellectual property and any other asset that is valuable to you. Learn about community property, transmutation agreements, post-nuptial agreements, charging orders, irrevocable trusts, trust protectors, fraudulent transfers, sales to insiders, and many more. The book focuses largely on California law and planning for California residents, but where appropriate covers the laws of other leading asset protection jurisdictions like Delaware, Nevada, Cook Islands, etc. In addition to the substantive discussion, this book also takes a revealing look at the practical aspects of asset protection. Is it ever too late to plan? Is it safe to place assets offshore? How to pick the right structure for your assets? What really works and what does not? The book is full of engaging client anecdotes and stories, that clearly communicate when one seeks asset protection and how to go about it. The author is a practicing attorney specializing exclusively in asset protection planning, with many years of experience. He has completed over 3,000 asset protection transactions over the course of his career and represents a multitude of clients from Forbes 400 families to small business owners. He shares his extensive experience and knowledge of the law in an easy to read and understand manner.
